SPi trading 13th Dec part 3

10:33

Gap closure and reversal down 44 points, straight back into the 3-day lows. (6619)

At this point in the trading day, this spiral point low is very important, because the Expectation is that it will swing back up in the highs again and consolidate for the rest of Thursday.

If not and it heads down, expectation that price will move down towards the 5-day lows.


Don't trade longs below 6618 today