SPI Trading 20th March part 4

SPI 10:38

R44 rejection under the 3-day highs @ 5227

Re-entered shorts @ 5226 partial exit 5215 + 15 and exit 5203 + 23


Everything was going a bit quick this morning because of the Expiry of March contracts this morning.

I will sit out the market for a while until it settles down, but looking at the price action so far, the failure at 5254 on open and the R44 rejection under the 3-day highs @ 5227 looks to be pushing down into 5164....

But it could remain choppy around 5202 for a while....