XJO 0.16% 8,010.5 s&p/asx 200

just reading the thread today, page-109

  1. 4,361 Posts.
    9lives and mongo

    as mongo mentioned earlier, i do have a turn date for the spx due on 14/7 (a low). i also am expecting a high on 22/7 and then a low on 14-15/8.

    my low for the 14th seems ok - thu, not sure if there is sufficient selling pressure to bring price down to my daily/weekly support levels at 850-60. will see.

    given that maximum pain for options expiry this upcoming friday still sits at about 910, i think my directional call for 22/7 is pretty safe. i have resistance sitting at about 907 - which also seems to support were maximum pain is currently sitting.
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.