SPI Trading 7th January 2008 part 5

12:45

SPI pushing lower below the 5-day break. There was an upswing of 44 points from the lows, forming a Spiral top in a bearish pattern...

Entry 6198 (r11 Reversal) partial exit 6193 (R22 completion)

holding 1 lot into Daily lows looking for R87 completion @ 6144

Stops breakeven from entry....

Expectation that price will follow through on the downside:- if stopped out I won't trade again today...