SPI200 Commentary
Follow or Fade!
SPI remained range bound during the day session but found buyers overnight as it broke out of recent ranges. I noticed the SPI did manage to make some new incremental lower lows intraday but these were quickly bought up. So my thinking that we are looking for a move back to the breakout level is probably wrong and the XJO looks like its going to test 5900 again. Miners and commodities were stronger overseas so look for them to lead the market today. For todays trading I am looking to buy dips around 5850 and sell rallies around 5900
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SPI200 Commentary Follow or Fade! SPI remained range bound...
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Last
7,959.3 |
Change
69.700(0.88%) |
Mkt cap ! n/a |
Open | High | Low |
7,889.6 | 7,969.1 | 7,889.0 |
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