XJO 0.55% 7,629.0 s&p/asx 200

ASX Morning call 4th September

  1. 3,232 Posts.
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    Yesterdays plan was to sell a spike up at the opened missed my entry by 12 points and dropped to close Fridays closing gap which was a buy for 10 points.


    Today there is RBA but I don't think anything will change its up to what they say. If the AUD strengthens the ASX will drop or rally if the AUD drops. Posted 3 negative days so expect a bounce sitting just above the prev range. Plan is to buy a dip back into the range and see if the extreme gap left from 28th AUG will fill and buy it for 10-15 points.


    It is possible futures might spike towards yesterdays high and that will be a sell in the first hr of trade.


    https://www.tradingview.com/chart/XJO/WR6syCHI-BUY-THE-ASX-EXTREME-GAP-LEFT-FROM-THE-OPEN-28TH-AUGUST/


    https://hotcopper.com.au/data/attachments/1266/1266452-fc7491c90f91ec6bd9d64f2b31a84684.jpg


      

 
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