SPI 10.30SPI opened much lower than expected, I was looking for a push up or an open around 6734 to short-trade the gap down into 5690, but it opened around support, which wasn't part of my set-up....
The market moved up 22 points and reversed back under 5707, which looks to me like it wants to move down 44 points before heading higher.....
short 1 lot entry 5705 exit 5692 +13 for a quick trade....
The open has thrown me out this morning
level of interest of going long would be around the R44 lows @ 5674 and moving upwards back above 5683.....
Simply judging today's market using the 5-day ranges.....
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