14:00SPI still consolidating below the 5-day 50% level @ 5586 and the Spiral point high....with a 2nd push down of 22 points, but still failing to complete the 44 down bar @ 5540
As I mentioned earlier, the possibilty of a 'HOOK' bar around 5594 can send the market higher into close...
This will be verified by an R44 reversal and then remaining above 5586...
Previous trade short trade @ 5582 partial exit 5568 (+14).... and stopped on breakeven @ 5581
I won't be short trading around 5586 again today...
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