Because of the way the 5-day channels are (3703) , it wouldn't surprise me to see a higher push upwards:- lower Daily open using support and rising up"
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SPI Weekly and 5-day pattern
SPI opened lower than 3716 resulting in 3703 becoming my trend guide (resistance) for Wednesday, which was enough to make some profits on the way down and miminise risk above.
I wasn't interested in trading longs today, simply because I didn't have any support to use in the 5-day pattern, and my view is for the Market to move down.
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