SPI200 Commentary
Follow or Fade!
SPI was rangebound Friday as it was stronger during the day session but was a lot weaker through the night. No lower lows were printed in this weakness though. There is a bit of a pop this morning in risk markets so that should mean a possible gap higher this morning on the SPI with some strength. Unlikely that we see a huge move though as US and UK are closed tonight, so chances of a big break are low. So play the ranges again and be patient waiting for the set ups. For todays trading I am looking to buy dips around 6000 and sell rallies around 6040
Hamburger Monday, page-6
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Last
8,285.2 |
Change
61.200(0.74%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,224.0 | 8,285.2 | 8,224.0 |
| XJO (ASX) Chart |