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

Whose your Daddy !!!! Wednesday, page-4

  1. 1,419 Posts.
    lightbulb Created with Sketch. 282
    SPI200 Commentary

    Follow or Fade!

    SPI was range bound during the day session but then rallied overnight and made another higher high then closed near the day highs. I have a feeling that we have another range bound day as we await the FED decision tomorrow morning. Also its December expiry for SPI and XJO options so another reason that we stay range bound as the move has already occurred into expiry. So as usual look for strength to sell into and weakness to buy. For todays trading I will be looking to buy dips around 5545 and sell rallies around 5595

    20161214 SPI 1.PNG
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.