NOTE:- because market is opening below 5-day lows, be careful on 22 point UP move and then failure outside the 5-day range, and then reversing down taking out the lows.
Do not trade longs if this is the case on Monday.... (premium Report)
10:20am
Market moved up early hitting 6231 and reversing down 22 points.
Still looking for upside 'gap' closure'
Entry 6212 partial exit 6220.... (stops now breakeven from entry)
There now has been a 22 point up move in the market and it's trading outside the 5-day lows of 6231, if price takes out today's lows, any longs are open to Risk, as expectation is price is heading could easily head lower.
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