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Index Trading, xjo, dow, dax, ftse
early birds
post Posted: Oct 13 2020, 07:52 AM
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In Reply To: early birds's post @ Oct 12 2020, 08:42 AM

but keep eye on asx200 at 6125 level, if it can go through there with strong action, then target for 6200 this week! imho

==================================================

only tuesday, the future is at 6170ish as US market had strong days as market hanging on the hopes of trumpie's stimulus,,
when he wants market down ,, he simplly called off the stimulus, once his mate closed out shorts and turn to longs , he wants his stimulus start again, you've got to be his mate to know that play book... weirdsmiley.gif
wingy wingy aside
asx200 seems gonna test that 6200 sooner than my thoughts [ i thought it might tested it right at end of this week]

could see some sorta buying [ short squeeze and p/o buying, asx200 index went over 6125] imho



 
early birds
post Posted: Oct 12 2020, 08:42 AM
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In Reply To: early birds's post @ Oct 9 2020, 02:58 PM

not sure why asx200 will be down a bit as US EU market doing really well last Friday??

but keep eye on asx200 at 6125 level, if it can go through there with strong action, then target for 6200 this week! imho

most of market looks bullish on TA term!!



 
early birds
post Posted: Oct 9 2020, 02:58 PM
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In Reply To: early birds's post @ Oct 9 2020, 11:41 AM

asx200 touched 6125 but didn't get through it sad case for the bulls

but it still sit on 6120 ish , see how future goes tonight session!!



 
early birds
post Posted: Oct 9 2020, 11:41 AM
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In Reply To: nipper's post @ Oct 9 2020, 10:00 AM

not sure why tested 6115ish then seems no one wants buy the market?? volume is really thin so far!

is the higher AUD that put lid on our market this far?? unsure.gif



 
henrietta
post Posted: Oct 9 2020, 11:38 AM
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Not too fussed on the new ASX website. Basic info used to be clear at a glance on the home page ....... not so any more. Usual scenario ....... change for the sake of change.

Cheers
J



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nipper
post Posted: Oct 9 2020, 10:00 AM
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In Reply To: early birds's post @ Oct 9 2020, 07:38 AM

Need to put my glasses on..... Saw 6100 tested and thought it related to Covid.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

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early birds
post Posted: Oct 9 2020, 07:38 AM
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In Reply To: early birds's post @ Oct 8 2020, 07:58 AM

major market had another up day last night

now SPX targeted 3710 for longer term, and 3645 for shorter term.

asx200, 6100 tested today aim for 6125 over come there then 6200ish is the short term target, i reckon it is most likely case.

might see the nice opening for our market!!





 
early birds
post Posted: Oct 8 2020, 07:58 AM
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In Reply To: early birds's post @ Oct 7 2020, 09:02 AM

https://www.cnbc.com/2020/10/07/stock-rally...s-spending.html

Iím surprised that everybody is all bulled up about it again,Ē John Briggs, head of strategy at NatWest Markets.



Stimulus isnít not going to happen. Itís just that the timing is not that clear. And thatís a situation where I think the market is going to be able to look through it ultimately,Ē said Tom Lee, founder of Fundstrat. ďItís not like one side or the other doesnít want stimulus. The sticking point is the ultimate magnitude

=======================

chaos as it is, but TA all point upwards!!

asx200 bit of "digest phase" today, i guess financials might do the heavy lifting for today!! imho



 
early birds
post Posted: Oct 7 2020, 09:02 AM
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In Reply To: early birds's post @ Oct 6 2020, 08:40 AM

there was a one of many " confusion " day yesterday, as asx200 started selling down at start of the day despite most of TA, FA eg all line up for the upside, only to recover by end of the day.
i was scratch my head
now i know who the hell is selling-----the one in the knows that what trumpies gonna do with stimulus weirdsmiley.gif

https://www.cnbc.com/2020/10/06/trump-says-...e-election.html

in wall street , there is a words----" if you are not insider, then you are outsider"!!.. sooooo true!!!!!!!!!!!!!!

for asx200 the friendly budget might save our market from this sell off!!

besides , only one month away , we might know the the results and stimulus is back on again!!



 
early birds
post Posted: Oct 6 2020, 08:40 AM
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Market rallied again SPX on the roll to the upside, as TA study all line up for the sky

asx200 will have another pump up day as 5975 as the mid line for today's session, out side chance for it to test 6000 again today.
USA stimulus looks gonna happen today as our friendly budget gonna showing up.... all good news for the bulls..



 
 


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