SPI 16:10First time that Friday has been trading outside the 5-day lows, and the first time that buyers haven't come into the market, but was driven down into the lows before short-covering came in around the lows
I went long earlier on the break @ 5281, due to the break of the highs with the expectation that the R44 could 'hook' back inside the 5-day lows. I was going to run it into the close.
Stopped -7
Market came down to complete the R44 low and went long @ 5256 on reversal bar around the lows and exit 5283 + 27
Now let's see how US markets playout on Friday, because the Aussie market is still trading below all major support zones until next week (back inside Weekly channels)
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