XJO 0.86% 7,829.7 s&p/asx 200

ASX Morning call 14th August

  1. 3,232 Posts.
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    Yesterdays plan was to sell a spike at the open to cbol area 6300 and it got to 6289 and dropped like a stone so would have been a great trade. I made a late call last night to short above Monday's high and paid handsomely as it drifted back down to Monday's closing price.

    Today's plan, sell sell sell, I want a spike to Fridays unfilled closing gap at 6278. If it gets up there should be able to target Mondays close at 6254. It is possible that short stops could be lurking above 6271 so a move to 6300 is possible and another sell area for 10 points.

    ASX 14 AUG 18.JPG
 
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