9:57 am...
Still waiting for the first 44 to complete from yesterday, normally price will come down into an R44 low, as it pushes down from yesterdays pivots and into @ 6586.. Early short play....
However price has opened higher and is actually pushing upwards from yesterdays lower Spiral point @ 6594..at this stage..
Around the R44 highs, the Risk is actually increasing...
Any rotation down from these R44 highs, and no longs are taken, as expectation that lower gaps will fill....(higher spiral point)
Once again upper risk level is 6627 from yesterday..
I preferred the down move into 6586 to be trading longs today, then risk can be better managed.....
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