14:55The reversal set-up today @ 14:36 has occured in the opposite pattern that I would normally expect for any BUY rally to occur today.
Normally the Spiral low @ 14:36 would provide a robust entry for a rally into the close, but today it's moved into a Spiral top @ 14:36.
Even though there can still be short-covering in the market this afternoon, and the SPI could get a good rally into the close, the pattern isn't the right one.
In fact the past two days haven't provided the right patterns with the lack of rotation.....
Next trades on Monday.....
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