SPI200 Commentary
Follow or Fade!
SPI was rangebound Friday as it looks as though the recent run higher is running out of steam. Not looking for a big reversal till we get more fundamental reasons but it looks as though recent ranges will be the play. Banks still looking weak but resources continue higher, so till they both start moving in the same direction then fade the edges.
Range for day: 5980 to 6020
Direction : Range, Choppy
Setups : Sell rallies to 6020
Monday Feb 11 - Better late than never
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Last
7,796.0 |
Change
26.600(0.34%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,769.4 | 7,796.9 | 7,753.9 |
| XJO (ASX) Chart |