Australian (ASX) Stock Market Forum

Trading The SPI (Open)

Bearish Divergance on Chart, down today?

Can't work out a pre-open sell bid as looks likely to open above significant support at 5350. Did have an sell order at 5349 but have pulled it.
 
China is stimulating it's massive economy ----- Australia has just brokered a free trade agreement with it's biggest customer.

Only one direction.
It's been all downhill since this post.

:1zhelp::error::holysheep::xmaswave

Now tech/a, could you please predict a bear market.
 
It's been all downhill since this post.

:1zhelp::error::holysheep::xmaswave

Now tech/a, could you please predict a bear market.

Think you've been a bit harsh Bronte.
From the time of my initial post 22/11
Its dropped around 40 ticks?
Hardly a decisive direction!

Ill let you know when I alter my original view.

China is stimulating it's massive economy ----- Australia has just brokered a free trade agreement with it's biggest customer.

Only one direction.

This isn't the sort of thing that sees a market react next day or month
Could be a year.---
But Murphy could stuff it up.

Ill let you know when I see him.
 
Sorry, not right again tech/a.
China is stimulating it's massive economy ----- Australia has just brokered a free trade agreement with it's biggest customer.
Only one direction.
Saturday 22nd November Sycom Closed at 5360
Monday 24th November SPI opened at 5360


It's been all downhill since this post.

:1zhelp::error::holysheep::xmaswave

Now tech/a, could you please predict a bear market.
Tuesday 16th December Sycom Low was 5119
Wednesday 17th December SPI Low was 5124

5360 - 5120 = More like a 240 point drop tech/a
 
Sorry, not right again tech/a.

Saturday 22nd November Sycom Closed at 5360
Monday 24th November SPI opened at 5360



Tuesday 16th December Sycom Low was 5119
Wednesday 17th December SPI Low was 5124

5360 - 5120 = More like a 240 point drop tech/a

Maybe I'm not alone Bronte.

Some wonderful opportunity RIGHT now.

Have a great Xmas and safe New Year.

https://www.aussiestockforums.com/forums/showthread.php?t=15355&page=18&p=854305&posted=1#post854305

China is stimulating it's massive economy ----- Australia has just brokered a free trade agreement with it's biggest customer.
Only one direction.
 
:xmastree Merry Christmas to all at ASF, keep safe over the holidays. :xmastree
 
Happy new year from Sydney Harbor

Looks like that 240 tick negative was chewed up
This year
Have a great and safe 2015
 
:band :bier: 'Happy New Year' :bier: :alcohol: :band

To: Joe & All our SPI followers. "Thanks for a Great Year".
 
:band :bier: 'Happy New Year' :bier: :alcohol: :band

To: Joe & All our SPI followers. "Thanks for a Great Year".

Bronte - Its Daytiger here, first day on this site or any blog for that matter, I liked and read all your great stuff on trading the spi at the open, I also trade the spi have been doing so since 2007 - Have made some top money of the years along with some extremely bad losses - I have found the last 4 months very difficult - I used to mainly trade from 4pm and during the night, burnt a lot lately and will be concentrating more on the morning trading - not really sure if you are still active on this site
 
Bronte - Its Daytiger here, first day on this site or any blog for that matter, I liked and read all your great stuff on trading the spi at the open, I also trade the spi have been doing so since 2007 - Have made some top money of the years along with some extremely bad losses - I have found the last 4 months very difficult - I used to mainly trade from 4pm and during the night, burnt a lot lately and will be concentrating more on the morning trading - not really sure if you are still active on this site

Interesting thread............................................
 
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