If it moves up into 3404 I would like to short it down (44 points)
If the market responds to BHP's report and price bounces off $28.00, if the SPI is above 3404 then I would look for a move back towards yesterday's highs:- R44 hook above 3404
Premium Report
SPI Weekly and 5-day pattern
SPI sell down early in the trading precisely 44 points...
BHP finds support @ $28.00, and the SPI follows with a HOOK pattern back above 3404, and late buying upwards....
But couldn't muster too much upside because of the Weekly lows.
- Daily Trading Set-ups & Analysis
Posts
