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Only-ASX200
Jun 2, 2016 4:43 AM

Short as Fear is spooking June Short

S&P/ASX index of Australian listed sharesFXCM

Description

Things to take in to consideration:

1. Brexit, they had a poll recently and 48% voted for Leave. "FEAR"

2. This Friday we have USD Non-Farm payroll and Unemployment rate

3. We have 4 days straight in the red (5275), our next support is at our Fibonacci(0.5) 5210

4. If it break below 5210 our next support is at Fibonacci(0.61) 5019.

5. Red arrow point to my next Buy, that could be somewhere around the end of June.

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