ASX 200 - Pre Market Thoughts
Summary: Possible buy opportunities from the gap (gray line) around 7392. If that breaks downwards the market could be heading for 7333. Targeting around 20 points.
Certainty: No solid certainty around today’s trading.
Chart below is a 5 min AUS200 for today.
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Results 4th November 2021
There was a possible buy between the 7400 and close levels, with price bouncing close to the 200 Simple Moving Average. There was a safe 25 points available in this trade, in saying this, the trade was not overly probable. I sat this one out due to the limited probability based on my previous experience.