9:15am
Resistance 6126 (Weekly breakout) (R87 :- 6129)
Above and expectation price is heading towards the 5-day 50% level @ 6171:- if this is going to happen I would think it would happen in the 2nd half of the day or overnight if US markets move higher on Friday (US report later)
Below Resistance and expectation that another R44 rotation will play out...(consolidating Weekly timeframe)
Keep an eye on 6060 (r44 spiral) for any 22 reversals off this level and taking out 6108.....don't short trade above 6108...
Don't go long below 6060 (below R44 lows) can't discount a lower Weekly close on Friday...
A move upwards from 6060 and break above 6108 (44 points up) has the potential to continue higher (2nd half of the day)
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