XJO 1.25% 7,777.7 s&p/asx 200

7175 dumped through on opening driveHit next level below - 7143...

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    7175 dumped through on opening drive

    Hit next level below - 7143 - this level is important to hold or opens the void back to 7223

    The bounce did come back and backtest 7175 - to the pip - so not looking great for bulls atm

    If price can break back above then it's a pretty clear run back to 7188 but I'd expect a reaction here if did make it back

    The worrying thing for bulls is BHP trade patterns this week.

    Some of the most aggressive selling I've seen in a while - that's before it dumped.

    Chinese markets been closed for the Dragonboat Festival. So I'm not sure if BHP is front running Chinese markets before data comes back next week...
 
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