SPI200 Range-Bound | Vantage FX

SPI200 Range-Bound

February 3, 2017

A quick, in-play chart for the indices traders.

Throughout the month of January, the Australian SPI200 has been trapped in an hourly range. Inside this range, price has more recently been coiling into a triangle almost at the dead centre.

SPI200 Hourly:
160203_spi200_hourly
Click on chart to see a larger view.

Something has to give. Is it going to be the the bulls or the bears that take control here?

Open a live forex trading account with top Australian forex broker, Vantage FX and take advantage of your call.

Dane Williams – @VantageFX

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