SPI Nov 5th Part 2


10:30 am

3-day lows resistance @ 6737 and taking out the weekly 50% level @ 6715, bearish pattern.

This was confirmed with a 44-point reversal from a higher open.....

"Risk is the R44 open @ 6728:- a Bullish set-up would just rise upwards from the open of the R44 completion @ 6728, and hopefully not turn down. Because below 6728 traders need to acknowledge that the market can swing down 44 points from the higher 'spiral point' (premium report 3rd November)