Could be an interesting day on the ASX200.
Futures are holding around the 5863 mark. But with Gold and Oil down the miners could start to pull on the market, added to that the banks may be soft after CBA yesterday. On the flip side the AUD was down overnight reducing the AUD losses in Gold and Oil.
I am looking at 5827-5823 as a key area. Its the S1 pivot support area as well as being a reasonable trading zone on the gap down day, 6/2.
R1 5932
PP 5882
S1 5827
S2 5777
Futures are holding around the 5863 mark. But with Gold and Oil down the miners could start to pull on the market, added to that the banks may be soft after CBA yesterday. On the flip side the AUD was down overnight reducing the AUD losses in Gold and Oil.
I am looking at 5827-5823 as a key area. Its the S1 pivot support area as well as being a reasonable trading zone on the gap down day, 6/2.
R1 5932
PP 5882
S1 5827
S2 5777