Been watching the punters getting scalped over the last month, the US market still being manipulated by the FED. The ASX traders are very nervous, larger players taking full advantage of that. The narrative has to change before entering a short position. Hard to see the US going higher from here, but they might keep it around these levels for awhile yet. patience should pay off.
The oil market seems to be sending a strong signal that capitulation is near.
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Last
2,958.8 |
Change
17.070(0.58%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 2,958.8 | 0.00 | 0.00 |