14:33SPI swinging around in 22 point moves, with an expectant down move into an R44 low would be my next long trade, but it's high risk especially coming down on Friday whilst it's trading below the 5-day 50% level.
entry S 5574 Exit 5562 +12
In hindsight:- trading longs around the R22 Spiral bottoms were good trades because price was actually trading above the R44 high @ 5555 forming a support zone....
Note:- If market bounces off these R22 lows again above 5555, I won't short-trade R22 tops again this afternoon because I think the market will move higher, as buying support comes in again around 14:36, which often pushes the market UP.......
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