SPI200 Commentary
Follow or Fade!
SPI volatility is starting to slow a touch but we are still having some very whippy moves. Range yesterday was about 60 points and just like most days the action was during the Sycom session. XJO does look like it wants to head higher and test that 5900 level so I still prefer buying dips. As usual you need to fade the moves so wait for SPI to reverse from good support levels. XJO is still in earnings season and most things have been disappointing so the longer term outlook is still bearish. For todays trading I am looking to buy dips around 5730 and sell rallies around 5820
SPI200 Commentary Follow or Fade! SPI volatility is starting to...
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Last
7,816.8 |
Change
-12.900(0.16%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,829.7 | 7,829.7 | 7,782.0 |
| XJO (ASX) Chart |