SPI200 Commentary
Follow or Fade!
SPI had a big rally Friday and looks like it was all end of month window washing as its likely to gap lower this morning off the back of the SNP fall. So looks like the 6600 level on the XJO will be a decision point for the market over the week. If that level holds then looking for a move back to 6500. September is usually a volatile month so looking for some big moves in both directions. So looking for a gap down this morning and will be selling any rallies towards the gap close, if it can get there
Range for day: 6520 to 6570
Direction : Sideways
Setups : Sell rallies around 6570
SPI200 CommentaryFollow or Fade!SPI had a big rally Friday and...
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Last
7,673.0 |
Change
44.000(0.58%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,629.0 | 7,679.3 | 7,629.0 |
| XJO (ASX) Chart |