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

ASX Morning call 6th September

  1. 3,232 Posts.
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    Yesterdays plan was to sell a spike to the closing gap and then a break of the lows below cbos for a breakaway target the unfilled closing gap from 18-7. Both trades worked a treat but I did not take it all the way to target and did my special trade trade where I short the close and wait for the overrun of 8-10 points the long for the divi size as the gap starts to close. Closing the gap from the bottom of the overrun took a very long time but worked and lucky because I went to bed.


    Today's plan will be quick not like yesterday where I did a full 10hrs trading. Hopefully sell a spike up to extreme gap close at 6223. Its been a fairly orderly decline and no unfilled gaps left above so no need to go back up there.


    There will be some extra volatility as NY platforms adjust for the divi at the open so watch for that as well.


    https://hotcopper.com.au/data/attachments/1270/1270211-d1a43ceb8003cbef6037f3d363d2e6b5.jpg







     

 
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