It's the market with historic levels of net shorts anything can happen.
Nothing wrong with staying long if already long - nothing wrong with taking profits but shorting here right now... some evidence is there just not enough for me to take the trade and put money on the line on leverage. It's a case of it might or it might not... could have these shallow pull backs and push higher.
Indices 6/11, page-14
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Last
7,971.1 |
Change
105.600(1.34%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,865.5 | 7,976.9 | 7,865.5 |
| XJO (ASX) Chart |