SPI Trading 20th Feb Part 3 Recap

12.23....

Market consolidating around risk level @ 5578 , and no idea how the market will trade this afternoon..... currently trading below the 5-day 50% levels.....

Shorted on the swing upwards @ 5580 partial exit @ 5567 (+13) , but stopped out on trailing stop @ 5580.....

No more trades today;- next trade tomorrow....

Whilst trading below the 5-day 50% level expectation that the R44 completion @ 5551 will play out and potential further weakness in the afternoon...

If I wasn't stopped out I was holding for R44 completion....

If I see some short-covering rally based on repeating patterns I'll pre-inform you...but won't be trading it..

SPI recap @ 15.20