ASX Morning call 5th July

I have one trade today. Same as yesterday. A spike in the first 10mins to 6218. I might just hold the trigger till I see 6230 just above yesterdays high depending on what the pre-open bars look like. Currently ticking at 6199 still hanging onto the 6200 level. This market is not going anywhere till 6250 goes or 6150 goes just play the range and with sentiment slightly negative I prefer to sell.

There has already been a spike and sell at 5.55am so might just close gap at 6187 pre-open and if that happens I wont trade today. Just remember IG's bullish premium is applied about 5-6 ticks. I will also put up a Halifax chart that always ticks a lot closer, my preferred broker.



Halifax