Last Friday, many hedge funds were shorting market going to weekend worrying about Egypt. Last night the message seem all is fine and oil supplies will not be disrupted and they cover shorts.
We NFP on Friday, China closed for CNY and may be no base metals buying and bailing out Europe. A toppy market with Middle East still boiling. So no way I am going to be long this market on open this morning.
Good luck
Last Friday, many hedge funds were shorting market going to...
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Last
7,785.4 |
Change
-44.300(0.57%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,829.7 | 7,829.7 | 7,782.0 |
| XJO (ASX) Chart |