13.40
SPI has moved into a blow off top @ 5771…..
Expectation that there would be some resistance around these highs based on the 3-day cycle….
A bullish market will continue higher into the close, closing above 5771.. that might come from an R44 reversal (Spiral bottom) which we haven’t had one today or there might not be any R44 reversal today…
This upper level is also a Sellers zone, so it won’t surprise me either to see selling into the close…
Entry 5771 (R11 Reversal) Partial exit 5754….
Looking for an R44 downmove and exit for the day...
Any up swing and the R11 Trio is resistance @ 5774 (don't short trade above this level in the 2nd half of the day.... (higher close)
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