Yeah agree with that. 12200-12400 is the next trading range I'd say. But what concerns me with that is that the aussy market was so strong today, and sometimes we're a very good predictor of what will happen in the US.
If that's the case, then its a rally from now (while futuresare off significantly) to close mostly unchanged. As long as the yanks hold 12800 tonight, then I'd say its all good. If 12800 goes, I reakon its blood red for us on monday given the recent strength. Honestly though, our market should be trading around the 5550 SPI range right now, rather than the 5700...so a short is probably the smallest risk/reward
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