XJO 0.10% 7,767.5 s&p/asx 200

If you are trading SPI Futures or Index CFDs, it would be an...

  1. 346 Posts.
    If you are trading SPI Futures or Index CFDs, it would be an opportune time to short. The XJO was lifted to highs on some artifical buying on the close last night. The SPI matched its all time highs and now has potential for a short term double top. Moreover with base metals wacked Big time overnight, it is going to weigh on sentiment.

    Sell SPI on open, place stops 15 points above entry and hold for the close (given its Friday, there is likely to be some caution).
 
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