I posted this the other day. Was deleted.
2,546 Posts. 313
15/09/2112:01 Post #: 56085941
" I think looking more macro for direction is way to go at present.
SPY has had four red days in a row. Previously then 50sma has acted as support and bounced from it. The velocity of this move to the 50smn is different. Once the 50 has been hit or broken, I expect a move higher creating a bull trap before moving lower to 436.23 area.Also there is an important FED meeting on 22nd SEP.
The moral of the story, keep some cash aside.
SMN - Chart, page-2536
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Last
41.5¢ |
Change
-0.005(1.19%) |
Mkt cap ! $56.77M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 42.0¢ | 40.0¢ | $15.00K | 36.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3329 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 3491 | 2 |
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| Last trade - 15.54pm 19/06/2024 (20 minute delay) ? |
| SMN (ASX) Chart |