Resistance the 5-day highs
If price is moving down from 4561 and then price is moving back towards the 5-day 50% level (42 points down)
Premium Report.
SPI Weekly and 5-day pattern
At the start of the day I was looking for a continuation up towards the 5-day highs @ 4361-69.
Once those levels were reached I was look for a move back down into the 50% level with a minimum move 42-44 points.
The SPI moved down 42-44 points, but not from the higher spiral points and 5-day levels, as I hope for.
- Daily Trading Set-ups & Analysis
Posts
