11:25SPI has reversed down from the highs and now consolidating around the Risk levels, with an each way bet on the direction for today.....
I haven't traded longs today because my entire set-up was based on Shorting, and with the failure of yesterday's Risk levels and a push below 5539 I was looking for further weakness down into the 5-day lows....
I use the R22 Reversal trade which matched the Risk level and it was looking good for a moment but it has now moved back above 5539....
Entry S 5539 Stopped 5545 -6
I'll give myself 1 more short today but not while it's above 5539 and if there is going to be any higher moves into the close then around 14:36 i'll keep an eye on price action for longs....
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