10:08am
Market is following the 2nd day stall-reversal on Tuesday. (choppy-random day)
6538 was an ideal risk level today, because a bullish set-up would have moved upwards from 6538 and headed higher into an R44 spiral top.
The early price action of 22 point moves around these levels (trading above higher timeframe support zones) and today looks like a choppy trading day that needs to settle before trading again.
(long 6538-40 stopped 6533)
Won't trade trade longs whilst it's below 6538, and I won't be trading short positions at this stage either because of higher timeframe support levels.
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