A higher open and I favour an early down move into 5677.
After that move it becomes a random outcome, as price will repel away from the 5-day highs @ 5681, in either direction.
Hopefully a higher Spiral point will favour a continuation down into an R44 low, and continue further down. (premium morning report)
SPI Recap 15:25
BHP moving higher,whilst banks dropping, has resulted in a choppy market after the first 44 point downside completion...
Ideally I would have liked the R22 rejection pattern under 5681 to continue down today, but it hasn't.
After shorts on open and exit, I traded another 3 times around 5681, looking for a continuation on the downside, but nothing followed through other than taking a few partial exits and breakeven stops.
Next recap tomorrow
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