XJO 0.88% 7,959.3 s&p/asx 200

I'll share what I was looking at on FTSE cause it's actually...

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    I'll share what I was looking at on FTSE cause it's actually similar set up to Aussie with Fridays HOD coming in right on the VPOC for 2023 also.

    It doesn't always end up like that so yesterday was a good day.

    Obviously the rejection on the VPOC currently validates shorts but what you'll notice is the large volume void it's dropped into (kinda like the Aussie)

    The TP levels mentioned yesterday are off those volume shelves.
    The first and most prominent is 7660
    The one below is around 7625 which is just under the 200dMA (also a level to watch)

    FTSE Daily
    https://hotcopper.com.au/data/attachments/5586/5586191-c9ee7319bb713488468d0eda1a479848.jpg

    Below is the 1min chart and one of charts I'll trade off.
    Reason I was scalping FTSE was the boxed area which was consolidation all afternoon into pre-market.
    Once 7740 dipped and bounced off boxed area I was hoping for a bit of ping pong between the two levels but it went for longer than even I thought.
    There was a pivot point around 7740 which I was using more than the '23 VPOC
    If Monday bounces and tests 7720 and rejects the VAL then I'll be more excited about my shorts then

    FTSE 1min chart
    https://hotcopper.com.au/data/attachments/5586/5586199-5c9e6b92c1771e2b704646e25be4e49b.jpg

    Anyway that's enough charts for me.
    Time to crack a few beers and watch NRL finals...
 
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