June 22, 2009 – Passing time

Mon, Jun 22, 2009

ASX Commentary

Another day of nothingness for direction. The daily trend remains up. Momentum remains flat. It could go either way and we’re seeing setups come along in both directions. I’m not sure what will be the trigger at our end but the US has the Federal Reserve meeting on Wednesday that could give those markets a shakeup. Not much more to say without any price conviction one way or other. Two new shorts added today; SUN and TLS.

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Nick Radge - who has written 898 posts on The Chartist.


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