SPI looks like its settling into a large trading between 6700 and 6750, which is understandable after the 300 point fall then 150 point rebound last week. Banks and resources have been going in opposite directions and will probably continue to do so today, so that will help keep SPI in that range. So look for stop runs at either end for some fade trades.
SPI looks like its settling into a large trading between 6700...
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Last
7,682.4 |
Change
53.400(0.70%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,629.0 | 7,684.1 | 7,629.0 |
| XJO (ASX) Chart |