SPI report 21st November part 4


1:20pm

SPI has moved down into the lower pivot of 6410 and moved upwards into another 44 point spiral top before reversing back down.

Another 44 points down will align with the lower 5-day dynamics ranges, which also match the November 50% levels.

Around these lows there will be a cluster of support, but this will only be confirmed with not only price move upwards late in the day, but will need a follow through on US markets on Wednesday....

3rd lot traders should either be neutral (exit 6418) or still short......