Sorry to jump in "IQ" should be the ASX S&P 200 listed CFD code. I saw an opportunity to short it at 5,319 on Friday, didn't take it. This is because I feel a bit uncomfortable with the banks, and as the banks make up such a big portion of index I feel shorting the index is fairly risky atm. I am waiting for a catalyst before I jump in (predominantly higher interest rates as opposed to expectations of higher rates).
