SPI 10:02
SPI opened much higher than expected @ 5460, but still providing a higher spiral point to trade the gap down.....
I don't know how price will react with this higher open, but there is still the expectation that the R44 low will complete @ 5418 (can't go long unless it's a lower R44 spiral point)
Short 5445 partial exit 5429 +16 Holding...
Stop entry price
Note: this higher open is not want would normally happen when a market wants to move further down. The best set-up is always a lower open and rise upwards into 5435 (R44 top) and then move lower from the spiral point and continuation down outside the channel lows
At this stage it's an each way bet until %rate news comes out @ 14.30, with price trading above channel highs.
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