opens below 4909 and moves down into the 5-day lows, which was part of my view from yesterday.
There is a gap open and trading below 4903, which often pushes price down 21 points....any further weakness down would be down into 4856 and 5-day lows"
SPI Daily and 5-day pattern
SPI completes the move down into 4836, but any reversal UP has to be lead by US markets from this point.
A breakout of the 5-day lows @ 4856, can often send the market lower tomorrow if there is no lead from the US markets.
- Daily Trading Set-ups & Analysis
Posts
