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Friday 12th October - Big night range, page-17

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Chartsshout

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12/10/18

12:29

Post #: 36100851
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Originally posted by pinozi ↑

SPI200 Commentary

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SPI sell off continued Thursday with lots of damage being done after cash close and more selling during Europe and US sessions. During the US there was a wave of selling into their afternoon and that was not translated into more lows in the SPI. So with the way the SPI has sold off even more than the ES during this wild move it seems we may be closer to the bottom than the top. So I think if you have missed this short its best not to try and short at current levels as those who have been short will be looking to cover this morning as its Friday. This may cause a bit of a traders rally but I would wait for banks to show some life before jumping on board. For todays trading I am looking to buy dips around 5760 and sell rallies around 5840

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BB S V V TIgHT now.
waitng for china open.
Can explode or implode from here any time5855 SPI F ATM

XJO Value at posting: 5,876.6
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