SPI Trading 4th January part 5

12:50

R44 low completion and the continuation downwards.

If price breaks the 3-day lows @ 6295 again, then expectation is that is moving down into the 5-day lows @ 6245, which matches the Quarterly 50% level.

This was my morning expectation of a lower Weekly close after the failure of the 5-day 50% level...


Partial exit 6329, and exitted last contract @ 6305 to be neutral for today...