SPI200 may be playing out to plan today building a higher low

Potential Buy Alert

 

SPI200 Index

The SPI200 washed out the resistance level at 5663 from overnight. It has been grinding lower since the open so we are expecting a major higher low to be built. Watching now for some minor contraction to bring in buyers and an inside higher low to build for a push up into the close. Watching for an entry opportunity.

 

Index : SPI200 Index

Current Price : 5650

Status : On watch for higher low