20070814 API has fallen off the cliff, now forming a triangle formation. If the fingernails fail to hold, there could be a major move lower coming up.
posted by emacro @ 11:37 PM
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ASX 200 Stock Index Futures (SPI) trading
The SPI futures, with the underlying index being the S&P ASX 200, is the premier futures contract in the Australian/New Zealand timezone. Users can hedge or speculate on the movement of the basket of 200 blue chips stocks listed on the ASX. (Australian Securities Exchange) This blog chronicles possible trades in SPI futures.
Monday, August 13, 2007
20070814 API has fallen off the cliff, now forming a triangle formation. If the fingernails fail to hold, there could be a major move lower coming up.
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