XJO 0.12% 7,822.3 s&p/asx 200

Tuesday June 18

  1. 737 Posts.
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    Good morning everyone!

    XJO closed at 6531 yesterday, with a high of 6555 and a low of 6527 (range of 28 points).

    US markets were up on Monday. Dow Jones up 0.09% (22.92 pts), Nasdaq up 0.62% (48.37 pts) and S&P 500 up 0.09% (2.69 pts).

    ASX 200 SPI futures currently trading up 1 point at 6542.

    Trends:
    4H - Uptrend but looking overbought.
    1H - Uptrend but looking ready to consolidate
    30M - Flat/Range
    15M - Slight downtrend
    5M - Downtrend but very volatile
    1M - Flat/Slight Uptrend

    Today looking like we may see XJO rise slightly. Most indices looking green presently. I'll be looking for short opportunities starting around 6550 and long opportunities starting around 6530.
 
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