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Evening Market Analysis: Soft End To Soft Week

The SPI pushed higher in the afternoon session but ultimately could not surpass the 4400 round number.

Heading into tonight’s session the bias for the index remains bullish but we would not be trading. Those with orders in the system from this morning should cancel them.

If 4400 is surpassed tonight, then we’ll likely look at being buyers come Monday morning. Until then, have a great weekend and may your team have a win.

 

Evening Market Analysis: Soft End To Soft Week is a post from: Australian Stock Report Market Pulse Blog

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