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March 19 - Quantitative Easing day, page-3

  1. pinozi
    1,419 Posts.
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    19/03/19
    09:40
    Post #: 37805624
    SPI200 Commentary

    Follow or Fade!

    SPI remained range bound Monday, testing support during the day session and closed at the highs this morning. Seems markets are going into a bit of a risk on mode so looking for a test of recent highs now to squeeze shorts into expiry this week. Resources will be the bid sector, so watch their action today and be careful shorting if they keep pushing

    Range for day: 6190 to 6230
    Direction : Range Trading, drifting higher
    Setups : Buy stop runs around 6190

    https://hotcopper.com.au/data/attachments/1473/1473996-39d04216d59099ab66cb3040a757bec7.jpg


    XJO Value at posting: 6,190.5
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    lightbulb Created with Sketch. 2  Great analysis
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