SPI200 Commentary
Follow or Fade!
SPI had a weak day session and ranged into the close but all this does not matter as its all about how the market reacts to the trade deal news between Trump and China. SPI will gap higher at the open and the question then becomes is this a gap and go or gap and fill? With the way the ES has traded this morning and the RBA tomorrow chances are its a gap and go, so be cautious shorting today. Banks will lead the way higher, resources and energy will also chip in. So mainly looking for dips to buy
Range for day: 6600 to 6650
Direction : Up trend starting again
Setups : Buy dips around 6600
Monday July 1 - Judgement day, page-4
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Last
7,680.6 |
Change
31.000(0.41%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,649.6 | 7,713.7 | 7,628.1 |
| XJO (ASX) Chart |