SPI200 Commentary
Follow or Fade!
Im back from a break, I'll probably take a few days to dial in so take care out there
SPI has put on 250 points in about a week in what has been an incredible short squeeze / window dressing rally. That opening print yesterday will probably be the high on the XJO in this move but since there is still another week of trading before the EOFY it wouldnt surprise me if there is a stop run at the highs. That being said we should consolidate around these levels for next week so probably best to play it light till July. For todays trading I am looking to buy dips around 6130 and sell rallies around 6180
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Last
8,580.1 |
Change
-9.100(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,589.2 | 8,619.8 | 8,568.2 |
| XJO (ASX) Chart |