SPI 10:12SPI coming down into an R44 low, but still trading above the 5-day highs @ 5559-72, so it will be interesting to see how prices react to these levels.
The good thing is price is below 5585, and hopefully it can stay below this level.
I was stopped on my Trailing stop and breakeven, but re-entered @ 5597
partial exit 5587 +10
And now holding only 1 lot with breakeven price from entry.
Price can do two things now, complete the R44 lows and be supported above 5559-72, and head back upwards, or continue back down further into 5521 and as far as 5489...
I'm holding this last contract into a 2nd R44 bar low and exit for today. (no more trades)
If it swings back up into 5497 and stops me out, then I won't trade again today...
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