11:50amSPI has been choppy today:- Market support but part of a 2-day stalling-reversal day.
The Market has been supported around the higher timeframe 50% level in early trading, and there was a Push upwards into an area that would have aligned with me taking short positions around the R44 spiral top @ 6564, as part of the stalling day. But it failed by 4 points.
Ideal scenario would be to trade the R44 down and then see if it continues down towards the 3-day lows. (breaks support)
At this stage it continues to look like a stalling-consolidating day.
Next risk level 6516 (spiral low and Weekly 50% level)
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