Whilst the Dow was down about 1.5 percent our futures were down only 0.7 percent. With commodities down by a fair margin this has created a great opportunity to increase shorts with little risk imo. With commodities down I expect we will match the US losses giving a target of around 4850 points or lower on or soon after open. Thats an extra 35 points minimum from here.
premium in xjo cash creates opportunities
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Last
7,759.6 |
Change
-23.400(0.30%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,783.0 | 7,783.0 | 7,654.2 |
| XJO (ASX) Chart |