Technically:- a move down to 5716 is still a possibility today.....(Yearly 50% level)
Price is back inside the 5-day range and it's pointing down to 5690
(Dilernia pivot 5706)
Risk 5785 Spiral low
Risk 5785 Spiral low
5842 Spiral top
Hard call on market today: moving into a spiral low can often send the market upwards before reversing back down (higher spiral point) and following the overall trend back down into lower prices....
Then again it wouldn't surprise me to see a swing back towards the 5-day 50% level either....
No high probability trades today;- manage positions using Spiral points and higher timeframe levels
Hard call on market today: moving into a spiral low can often send the market upwards before reversing back down (higher spiral point) and following the overall trend back down into lower prices....
Then again it wouldn't surprise me to see a swing back towards the 5-day 50% level either....
No high probability trades today;- manage positions using Spiral points and higher timeframe levels
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