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testing 2 very simple tools on the SPI at present,


fibs and the red & yellow indicator -- which calculates/estimates supply-demand levels in relation to a given price


the yellow circle shows price intersecting a significant fib @ 3350, the question is, will it break or bounce at this price?


the supply-demand indicator is clearly headed down, signalling demand is diminishing at this fib level = possible short trade


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all looks nice and uncomplicated.


but . . . . more testing and translating into a real time trading plan . . .


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