XJO 0.84% 8,295.1 s&p/asx 200

28/06 Week, page-255

  1. 6,640 Posts.
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    Last night's song & dance was to get the Dow above my bear top
    Which it did
    & closed there (although 1 day could still be deception)

    However based on last night's data, US markets still looking like they're headed for a bumper July
    All my indicators are showing their momentum heading in the right direction & have room to go higher still


    Unfortunately still have mixed data as the FTSE failed to reclaim 7085
    Could just be tightening that spring before they take off (or just covid panic atm)
    If the FTSE continue to range trade sideways away from their highs over the next month, we could do the same (or at least the next few days until cases come down as they may end lockdown early or minimise restrictions)

    But I can't see our markets making new lows until the others do
    Still looking for the long today but if it fails to hold, it's swing trading again

    Remember to trade the numbers & don't let our bias influence our decisions (like I keep doing as I try be a hero & go for those reversals too early. haha)
 
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