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SPI CFD Day Trading / CFD Trading Strategy

SPI CFD 4186
Technical Analysis
TradingLevels: In the Minor degree the price should have completed its corrective pattern at 4200, the safest longs would be 4200 as support, but you have to wait for this move.
Elliott wave: larger corrective pattern across 4200 once completed which it can be now, should push up in line with the audusd
Day Trading: Work any trade from SG2 4165|4172|4180 the 4172 is the important price point. The current price is 41786 I would think the 4172 SG2 would be retested; I would simply wait and see if the 4172 becomes the support or the resistance, you can expect more corrective price action under the 4200. Keep an eye on copper and shanghai in the afternoon session as the lead will come from there


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