XJO 0.83% 8,199.5 s&p/asx 200

SPI200 CommentaryFollow or Fade!SPI had a weak day again,...

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    SPI200 Commentary

    Follow or Fade!

    SPI had a weak day again, selling off from the open and closing weak in both sessions. Banks are leading the way lower and I see some downgrades this morning so expect more selling. So sell rallies is the way for today. Weak AUD may help the miners and may keep action choppy

    Range for day: 5750 to 5790
    Direction : Downtrend, Choppy 
    Setups : Sell rallies, look for stop run around 5790

    https://hotcopper.com.au/data/attachments/1416/1416704-20549fe87f8dc2b65bcf221108d1532c.jpg
 
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