Hi Tawedi, spi tends to oversold or over bought into the close or at the open. This is mostly a nice opportunity to take a position.
SPI at 4300 in the last minute before 16:30pm is about 50 points discount to cash and I am bullish for yank tonight and still think short selling resume will be positive for the market and S&P future was up more than where they close last night and yet we're down after yesterday loss.
Volt is the master of spi close analysis.
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Hi Tawedi, spi tends to oversold or over bought into the close...
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