I would not be buying dips for sh!!!t at the moment. We should test lows fairly quickly. However I would not short here just yet as the funds may prove to be too unpredictable.
All those asking about spi expiry, the one thing I can tell you is - if you have a choice "Dont trade the night spi this evening"!!! .. especially if you have access to other futures.
After last night it has pretty much confirmed in my mind this is no longer a shakeout and will prove to be much more significant than last Mays correction.
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