Normal
Bounce off Friday's lows @ 4803 and moving into a counter-trend move back towards 4889..Long 4803 exit 4587 +54...Rest of today should be defined by 4836, and move intoshorter-term trading patterns of 20 points using other Spiral techniques.4889 is viewed as resistance, but if trading above 4889 after 2.50pm there could be more short covering into the close to cover Thursday's gap.The rest of today is an open book based on a lower Weekly close.
Bounce off Friday's lows @ 4803 and moving into a counter-trend move
back towards 4889..
Long 4803 exit 4587 +54...
Rest of today should be defined by 4836, and move into
shorter-term trading patterns of 20 points using other Spiral techniques.
4889 is viewed as resistance, but if trading above 4889 after 2.50pm
there could be more short covering into the close to cover Thursday's gap.
The rest of today is an open book based on a lower Weekly close.
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