Australian (ASX) Stock Market Forum

Trading the SPI

We were given 6764/5 on the 8th or 19th October 2007
We will of course be Selling this level.
 
This of course should be labelled a: "Big Number"
We were given the number last Christmas.
 
6764/5 hasn't exactly held kennas.
So far we have seen -12 + 21 points from 6765
6777 High quickly followed by 6744 Low
A lot of work is presently been done around this level.
 
6764/5 Excellent Support after lunch yesterday.
Record High 6798 (Big Number) :)
Yesterdays Close and todays Open
Also todays pivot point.....so far.
 
"6764/5
Posted 10th-October-2007 at 09:32 AM by Bronte
We were given 6764/5 on the 8th or 19th October 2007
We will of course be Selling this level."


Twenty year anniversary (plus a few days)
6880 1st November 2007 Record High

5183 Todays SPI Low
5172 Sycom Low
 
5183 was the Day SPI Low :)
We are now getting close to 6000 again.
 
We are looking for a 4780 Low
Friday 18th July 2008
 
We saw 4787 Low yesterday
4784 Low this morning.
4780 is Gann Support.
 
We have just seen a nice 4872 High
That is 88 points above our Support.
 
One of our posts from another forum:
"The 'Double Top' we called on 18th May 2008 (page one)
18th July 1988 gave us a Major High (20 years ago)
17th July 1996 gave us a Major Low (12 years ago)
19th July 2006 gave us a Low (2 years ago)
18th July gave us a Low last year.
Who knows what this year holds ?"
 
4781 Low on Sycom overnight
Dow closed up +277 points.
Now 4920 High :) +139 pts
 
So what do these things mean Bronte?

I mean, what's the point is telling your blog that the Dow closed up 207 points?
 
Hi kennas, (enjoy your blog)
We were looking for confirmation of the Strong Gann Support
4780 Low (called as above, last Tuesday) or ..
We were looking for a Double Bottom Low on the
18th July (called as above and also on other forums)
4784 Low 16th July
(Also 4781 Triple Bottom Low on Sycom)
4937 High 17th July
18th July 4814 Double Bottom Low
Dow closed up +50 points
4925 High on Sycom
 
Thanks Bronte, will punch that in to the diary. I am bamboozelled. eeeeek! Sean.
 
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