SPI200 Commentary
Follow or Fade!
SPI consolidated recent falls on Friday and managed a small rally to resistance in the overnight session. The XJO has had a sharp drop over the last few days so a relief rally looks on the cards, so I am looking for a rally to near the 5800 level to get short again on the XJO. There has been a bit of divergence between sectors on the XJO with the banks still weak but materials starting to get a bid with the weakness in the USD. So look for the miners to lead the XJO higher but if the banks cant participate then this rally will have shaky legs. For todays trading I am looking to buy dips around 5740 and sell rallies around 5780
- Forums
- ASX - By Stock
- Sherlock Holmes Monday
SPI200 Commentary Follow or Fade! SPI consolidated recent falls...
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
7,896.9 |
Change
77.300(0.99%) |
Mkt cap ! n/a |
Open | High | Low |
7,819.6 | 7,901.2 | 7,819.6 |
Featured News
XJO (ASX) Chart |
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online