This completes my 2-month wave pattern from March lows.
Expectation of a pullback into 3796 (random support).
move back into the 5-day 50% level in Sycom
Premium Report
SPI Weekly and 5-day pattern
SPI sell off on Friday from precise tops.
Was expecting a reversal towards the 5-day 50% level, but in sycom and not the day session, but it's the pattern than I favoured.
Let's see how well the channel lows and the 5-day 50% level support the market next week....
Because i'm looking for a reversal back down into the Monthly 50% levels.
Which is a lot lower.
Weekly report out tomorrow
- Daily Trading Set-ups & Analysis
Posts
