SPI200 Commentary
Follow or Fade!
SPI had a good session yesterday but then fell back in the overnight session. This could have been mainly due to the US being closed but either way it is still higher than the open. Its RBA today so hopefully we see some volatility, market obviously isn't expecting a rate hike though. So as long as the low made last week holds, I'm still in buy the dips mode. For todays trading I will be looking to buy dips around 5395 and sell rallies around 5440
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