Yesterday I was not sure if bullish Monday was still viable and thought there might be some selling. There is evidence now funds are selling stocks in the morning on Mondays so might try a sell next Monday.
If there was a big selloff the S3 level at 6220 was a buy for 10 points. I had an order hit after the auction and running some to Fridays close at 6288.
My plan this morning is to sell yesterdays high at 6264-6260 area. If it blows through there in the first hour then set an alarm for 6288 which should hit and drop like a stone.
I am not really that interested in any action below 6240 its not negative till it gets below 6208 and may find some buyers there for gap close but will be really hard price action to judge. I think waiting for 6176 will be a better trade.
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