SPI Trading 4th February part 3

10:23

SPI moved down from 5962 hitting a low around 44 points and then swinging upwards, moving above 5942, and now moving into the 5-day high @ 5993....

Covered shorts on the R11 trio break @ 5934....

Sidelines until afternoon.....

Expected Resistance around 5993 (or R44 spiral top)

But it would need to move back below 5962 for any weakness this afternoon.

Note: could end a trading day between both 5-day ranges and a consolidating trading day without any sustained weakness today