STW is holding highs nicely and is ready to force out the sellers

Potential Buy Alert STW



The STW is holding up nicely and looks ready to continue higher to squeeze out the sellers. We may be seeing the start of a rally into Christmas if the higher lows just below 5600 can hold. The ASX200 ETF has spent a good part of the year (in line with the ASX200) ranging between 5300 and 5500 dragging in sellers, so we expect to see a further move higher as those sellers are forced out of the market. Watching now for a buy entry setup.


Stock Code : STW – SPDR S&P/ASX200 FUND ETF

Fund Website :

Current Price : 5641

Status : On watch for buy entry setup