XJO 0.84% 8,295.1 s&p/asx 200

Weekend Charting and Chat. 29Feb/1Mar, page-34

  1. 3,047 Posts.
    lightbulb Created with Sketch. 253
    Saturday morning the dow rallied best part of 1000 points in last 30 minutes of after hours trade

    Was the option expiry for US friday and was it a triple.witching expiry Ie stocks commodities and bonds

    If so be careful monday as friday night saturday morning the US may have just been getting pushed down for that magical number that the market makers have their sweet spot and then bought it back up post normal trade in the after hours session.

    Ill be betting long early then short monday afternoon on the dow futures at some point as a retest of the low is a good punt. Will be a small wager but the reward will be sweet.

    25800 26200 and 26800 will be my levels to short

    Monday will be a game of cat and mouse on our market.

    Cheers
    "Dont catch a falling knife"
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.