SPI200 Commentary
Follow or Fade!
SPI pulled back Thursday as the current rally may have hit some selling. AAPL has reported after market and SNP is lower, so we may see a bit of a gap lower on the SPI this morning. Commodities were generally all bid overnight so looking for that part of the market to help support SPI. Banks were all weaker yesterday and this may pull the SPI down. So with the internals moving in opposite directions then look for a choppy range bound day. Its also Non Farm lottery tonight so maybe look for some people to take profits and move to the sidelines to reduce weekend risk. For todays trading I am looking to buy dips around 5770 and sell rallies around 5810
Friday 2nd November - Back to normal for now, page-2
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Last
7,575.9 |
Change
-107.100(1.39%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,683.0 | 7,683.0 | 7,568.1 |
| XJO (ASX) Chart |