SPI200 Commentary
Follow or Fade!
SPI rally continues as it traded sideways during the day but went bid after cash close. SPI continued higher overnight, pulled back to retest and finished stronger. It's Friday after a wild week, so chances are that the SPI will consolidate gains around these recent highs today. ANZ & WBC go ex div today so that will cause XJO to drop a few points. Commodities were stronger again overnight along with Bond Yields so the inflation trade is still going, so I continue to be in buy dips mode on the SPI. For todays trading I will be looking to buy dips around 5310 and sell rallies around 5370
Origami Friday, page-7
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,971.1 |
Change
105.600(1.34%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,865.5 | 7,976.9 | 7,865.5 |
| XJO (ASX) Chart |