I would like to see a 22-point move against the open before thinking about trading long positions, and then look for a move upwards into the 'Gap'" Morning Report....
10:03am
SPI opened lower and moved against the Trend 22 points, expectation that Price will move upwards towards the Gap closure....or at least to the Weekly 50% level @ 5668
Entry 5613 partial Exit 5628
Holding into an R44 high (5654) 2nd lot...
Stops below lows :- Expectation price can still move down towards 3-day lows..especailly after an R44 spiral top or Weekly 50% level
I would like only to re-enter longs after an R11 Trio change, and use this as support....