SPI200 Commentary
Follow or Fade!
SPI continues to be range bound as it traded the 6240 to 6200 range again yesterday. Resources should be offered today as RIO was hit in overseas markets after reporting. That will probably mean that banks will bounce a little today as the rotation between sectors keeps going. Thus expect more range bound conditions today, so be patient and wait for your levels. For todays trading I am looking to buy dips around 6200 and sell rallies around 6240
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,776.4 | 8,639.0 |
| XJO (ASX) Chart |