"R44 spiral bottom then this is the Risk level. A Rise upwards towards 6594 would match the R44 spiral bottom and the 3-month 50% level." (Premium Report 7am)
12:53pm
This morning's Premium Report was based on not knowing the early direction of the market and where today was going to open.
A 44 point low early today would have been a BUY trade with the expectation of price moving up 44 points and into 6594.
Today it opened higher and moved into the R44 spiral point and the 'Sell' zone @ 6580, moved down 44 points, and is now following the early morning analysis of heading upwards.
I wouldn't be looking to 'Sell' the market again today, I would let the market run it's course and see where it opens up tomorrow.
Overall Trend is up....
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