SPI200 Commentary
Follow or Fade!
More range bound action on the SPI yesterday as new highs are printed. The trend higher remains intact and until we get a new lower low then its best to look for dips to buy, even though they are shallow. We should see these small ranges again today as the market will be in wait mode as we have bigger data and central banks announcements later this week. For todays trading I will be looking to sell rallies around 5500 and 5460
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Last
8,705.8 |
Change
-51.400(0.59%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,757.1 | 8,757.1 | 8,704.8 |
| XJO (ASX) Chart |