10:53am"Day-trading Interest levels are previous 5-day 50% levels 5656, 5707, 5729, along with Spiral points (morning Report)"
Market is moving up 44 points @ 5654, and is hitting the first 5-day 50% level from Friday @ 5656…
For any further gains SPI needs to move up above this level…, as a 5-day 50% level and Spiral Top there is an increased Risk of longs...
" I would like only to re-enter longs after an R11 Trio change, and use this as support....(SPI Report part 2 10:03am)"Using R11 Trio as support @ 5618
Stopped on Trailing @ 5615 (entry price 5613) after first partial Exit @ 5628 (+13)
Moved back into Longs on Bounce and reversal off R22 lows @ 5619 (R11 trio)
Partial exit 5630 (+11)
2 lot Exit 5647 (+28)
Leaving 1 lot open with breakeven stops on entry @ 5619….
And let's see where Price goes:- Upwards towards 5729 or DOWN....
Posts
