11:30....
Spiral point after 11am and market expectation is that price will move into a consolidating pattern until the afternoon....
Support:- 5375...
"Note: trading times to keep an eye on are 14:36 as usual, and after the initial opening period around 11.ooam things begin to settle down and move into a rotation phase, where short-term 'scapling' trades can be taken if you are that way inclined. (9-11 point ranges)
If you are only interested in trading small increments in the market (between 6-15 points), sometimes waiting until 11am is the best strategy when the SPI settles and consolidates using the R44 spiral point as support/resistance."
And if lucky you get a follow through into the R44 completion....
Posts
