LuckyVNot around much this week so apologies for missing the...

LuckyV

Not around much this week so apologies for missing the Q

Monday was a turn and I decided not to take it as I knew a Tuesday up day would create a possible lower swing top. I also have Friday to watch for so ideally for me I would like lower into there and then I might look at some positions then or Monday ??

I wouldnt get too excited about longs unless the SPY breaks the upper resistance line at 110.43, yesterday high just short of it. Patience is name of the game either way unless your scalping.

BHP - evens usually often resistance firt time around and if you short its a good safe play. Im undecided as to whether it tracks to 38 before having another crack. Look at your weekly to see the importance of 40 though.

One last thing i showed the chart and significant times BHP CBA and index have all turned together ???? If you didnt see it let me know i put in signature link tonight

Dollar sensitive stocks if anything this week for me, i shared a few at day traders last week


Regards
Rob