12:00SPI still consolidating under the Spiral top @ 5456...
If the market is going to move higher into the close I would still like to see a 44 point down move into a spiral low before heading higher.
I do favour a higher move into the close, because price is trading above the Weekly and 5-day low breakout, and this price action has been supported already this morning....
In the mean time I'm just simply using the spiral top as resistance, and 'short-selling' (4th time) 'scalping' the top using 6-9 point partial exits and running $ breakeven stops above 5456 the same length, (stopped once) eventually I'm hoping that a down move will eventuate and complete the range downwards into an R44 low....
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