19/06 Indices, page-3

US holiday

VIX heavily suppressed with VIX exp Wednesday morning (US time)

Potential for some distribution early in the week and sell off at the back end of the week...

As far as Aussie markets go; there's an area between 7232 and 7310 that looks like needs filling.

Fair probability price stays within those boundaries till US comes back - any moves outside of that zone should be treated with caution IMO.

CBA closed out week at lower edge of heavy supply zone I outlined a week ago.

BHP made some serious moves last week
$48.12 heavy resistance above
However I'll be watching $46.10 as that's most important price atm.
$44 is key support below.

Another interesting week ahead...