14:00Daily reversal down from the Weekly 50% level, and back towards the break out on Friday.
Near exact move 87 points down from highs and buyers have come into the market.
Exitted last contract @6303.
Note:- It's going to be interesting where the SPI opens up on Thursday, because often a 87 point reversal in the first two days of the Week, can often set up a move upwards.
That is going to depend on US markets trading 1 more day before the Australian Market opens, but it won't surprise me to see an open above 6377 on Thursday..
Merry Christmas.....
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