XJO 0.39% 8,013.4 s&p/asx 200

Friday Oct 19th - Sea of Red day ?, page-2

  1. 3,232 Posts.
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    Its Friday, pump and dump day. Hoping for cbos pivot area to sell for 10-15 points. Tracked the FTSE again pretty close then they both followed the DOW after the FTSE closed. Looks like China was not labelled a currency manipulator yesterday so off the hook the yuan weakened sending the USD higher. Best trade is already done buying below S3. Made it all the way down to Tuesdays unfilled high see if it remains open. Options are expiring overseas tonight so would expect some positioning in those markets and I guess the XJO will follow. I dont think anyone understands these moves so until the prev lows go on the US markets it should range and base but if they go look out.


    https://hotcopper.com.au/data/attachments/1330/1330431-74c070436833cb991bdfa99e24e0585b.jpg
     

 
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