We are seeing signs of a top but there is no technical damage. I would not short this market with an all-in focus. I have started accumulating SPX & NDX shorts on resistance pivot spikes as of this morning. But for sure if long, stay long until there is daily or weekly tehnical damage inspite everything else signalling the contrary.
SPI could find some headwind at 4745; 4755 being the more desirable shorting level.
Most likely we will gap up today.
Good Luck.
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Last
8,630.3 |
Change
59.900(0.70%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,570.4 | 8,632.8 | 8,570.4 |
| XJO (ASX) Chart |