ASX Morning call 26th July

Yesterday all I wanted to do was sell and just missed my entry by a few pips at the open. Also wanted to buy lower and missed by 10 pips on that entry as well so lucky there are other markets to trade.

Today looks like some meeting Trump had has risen all boats and what was discussed has already been marked as a distortion of truth so all that good work has just come off in the last 15-20mins.

Expiry of derivatives this morning. Spikes up to yesterdays high at 6284 is a sell the un-closed closing gap might fill at 6288 which will be good and should drop like a stone. If we go down 6211 will be buy all the way down to 6190 so a bigger stop needed below 6185.

Just up on Bloomberg, Facebook tanked after hours trade looks like the NAS is gone so tech will take a hit in the morning.