10:40am
6506 spiral point:- rises upwards from the lower Spiral point and completes a 44 point move before reversing down 44 points and taking out the lows and heading lower....
Spiral point (6506) supports the market and consolidates on Monday...Premium report 9:00am
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Today didn't open low enough to trade longs from any spiral point or near any pivots to use as a risk entry.. market has completed the 44 points up.
Risk on upside has increased around 6561....expectation that primary range down @ 6506 will complete...
However, trading shorts above 6561 is open to 'Risk' because of the natural rotation of price back towards the central zone of the past 5 days @ 6601, and not near any 'pivots'.....
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