Agree with your calls CF and BV... I have an ultimate intraday upside target of 3446 (igmarkets... around 3416 SPI) but have been scalping against this weak trend over lunch with success.
Upsid target is based on divergence on 5 min going back to 23rd of january at 7:30 AM and am not totally sure of its relevance.
Downside I've got a target of around 3400 (IGMarkets so around 3370 spi, intraday)based on histo divergence on the 5 min astarting at around 10am this morning
;)
recovery tuesday, page-19
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