XJO 0.76% 7,763.2 s&p/asx 200

friday's stage set, page-7

  1. 5,316 Posts.
    Good morning all,

    Couple of blind low long orders on spi & s&p got fill last night but took profit too early as still not too comfortable holding long.

    I am looking at weak open and a slow grind upward but not too much and then tonight I am looking at s&p testing 880 support again and see if we get a bounce for next week setup or further downside. My money and the daily chart say more weakness and much prefer to wait for any bounce and short it.

    PS, to those new traders & posters, this is just my personal daily morning plan and due to my trading technique, my trading plans can change rapidly. Please do your own research and make your own decision.

    Good luck.
 
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