SPI Daily and Intra-day chartsSell zone 5585
It's Pretty black and White today:- Sell zone and Higher Spiral point looking for a down move into 44 points again.
Again use the levels above, and any rotation down has a random length: 5521 and 5-day 50% level 5508, but personally I'm interested in only the first 44 point range today and taking the day off.
It's obvious that above 5585 and the Spiral point 'shorting' is open to Risk.
At least with a 'down' day today it will complete some 'gap' closures if it can close the range around 5521, before heading higher into Friday (higher Weekly close), but we will come to that tomorrow.
Posts
