BDC 0.00% 52.0¢ bardoc gold limited

SPI trading, page-3

  1. 1,356 Posts.
    should be a good day, if ya can get it right.

    past 8 wednesdays have been down days, so i would think with early trading we could close the gap from the previous 2 days, with support at 3048 and extreme move to 3033, but with the close of the month today i think we could be in a good move with a rally into the close with up targets 3100 up as far as 3120.

    maybe or maybe not?

    magic number 3065 on early trading. I'm only going for those higher up targets because it the close of the month.
    You can't have a static view on the direction of the SPI, you need to be able to take trades either direction. Yesterdays close above 3069 was a good sign, but yesterdays ranges are left behind and new numbers for the day come into play.

    I still like the 3033 because its 50% of fridays lows and yesterdays highs, but prices off 3048 today and moving higher needs to be watch.

    It should be a very good day, and it would surprise me to see an inside day!

 
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