SPI Trading 19th Dec part 3


10:12am

R44 high and reversal:- Increased Risk of trading longs around these highs.

Potential of further moves down...

Trailing stop taken out @ 6226.

I won't trade again today, but if you are short, there is a good potential down move to continue the trend back into the December lows on further weakness.

Risk now R44 low @ 6206