SPI200 Commentary
Follow or Fade!
SPI continues to grind higher and XJO is now at 6500 again. Its stock expiry today so will be interesting to see if the rally to this level was driven by option traders. It does seem that the market is in no news is good news mood, as a lack of tweets usually means buyers take control. So looking for the XJO to chop around the 6500 level today and possibly a strong close to squeeze some short calls at expiry this afternoon
Range for day: 6440 to 6490
Direction : Choppy sideways
Setups : Buy dips around 6440
SPI200 CommentaryFollow or Fade!SPI continues to grind higher...
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Last
7,675.7 |
Change
46.700(0.61%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,629.0 | 7,679.3 | 7,629.0 |
| XJO (ASX) Chart |