However on Monday that's going to be difficult if the SPI is opening below the 5-day 50% level and a higher R87 spiral point.....
Above the 5-day 50% level (3593) and the expectation is that the SPI is rising up 87 points...."
Premium Report
SPI Weekly and 5-day pattern 16:10
Expectation of higher prices this week with the shift in the Weekly 50% level to below price.
And Monday's trading was the first stage with price rising above the 5-day 50% level pushing 87 points from today's lows.
For this week to continue higher I would like the SPI to move back down into the 5-day 50% level tomorrow and test support before it continues higher...
Unless US markets do that for us on Monday.
- Daily Trading Set-ups & Analysis
Posts
