Today:- 5-day 50% levels resistance
A higher open favours a down move, ideally to close the gap and complete 44 points down....
It could remain in a tight 44 point range day below the 5-day 50% levels for most of the day :- which could only be 1 bar.
Morning Premium Report
16:05 Recap
SPI opens higher and stalls at the 5-day 50% levels and pushing down.
By 16:05 the SPI hasn't even completed it's single 44 point range for today... not yet anyway.
- Daily Trading Set-ups & Analysis