11:10am
This will be my last long trade today:- if there is no follow through on the upside today, then it’s my expectation that the Weekly trend is in control.
Long again 6391, ( stops 6384 below today’s earlier lows) Partial exit will be next 10 point move and leave stops @ 6384
If stopped out then my view is a lower stalling day, with better longs on Tuesday, which was my view in the Weekly report.
Markets trading below 5-day lows (continued breakout) and following Weekly trend and I won't trade longs below these levels again today.
i'm still looking for a counter-trend move upwards this week, and by the look of it could be Tuesday, which was my view in the Weekly report.
Going xmas shopping.