S&P/ASX 200 Index

S&P ASX 200 (XJO): Expect another -2% dive in today's session.

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The Index fell more than -2% in yesterday's opening trades and took out three support price level as predicted before closing above 6837.00. Today's session is expected to take another dive in the opening trades to around 6752.40 and 6711.00.

6711.00 is a critical price level which could determine the next level of this sell-off, if it fails then we could see the Index enters the next stage which is estimated between 6711.00 and 6409.00

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