SPI Report 26th November part 2
10:30am
Higher Daily open coming down into an R44 low @ 6417.
With any further down move into gap @ 6383.
Even though an R44 low can often provide a swing back towards the highs or back towards the pivot highs, a lower daily close followed by a lower Daily open will provide better longs in the market tomorrow
Partial exit @ 6440 (r22) and 6423 (top of the R87 range @ 6422) Neutral position.
Not trading longs today...
Posted by
Frank Dilernia