Key resistance now to 5200, we can continue to look lower under...

Key resistance now to 5200, we can continue to look lower under that area.

With the Gap down in the US, if we see more heavy downside in the US markets, that should help see more downside in SPI/XJO

A strong reversal back above 5200, the bears need to move to the sidelines and let it resolve itself.

Disclosure: Still short but moved stops to 5200 lock in some $$