XJO 1.19% 7,831.8 s&p/asx 200

fundascmc is down this weekend. i didn't realise until this...

  1. 4,361 Posts.
    fundas

    cmc is down this weekend. i didn't realise until this morning.

    i usually leave my detailed analysis for the weekend and am currently feeling a little lost. but i'm tired, so who cares.

    the market closed at approx. daily support. a spike lower could take the spx to 875. weekly support is at 860ish on my chart.

    it's not a place to get to cossie on short side - time to watch how support holds up for clues - but this is just short term stuff (i.e. days). i think there's more downside to come.
 
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