SPI200 sellers are pressuring the buyers and looking to move the Index lower

Potential Sell Alert

 

SPI200 Index

The SPI200 is finding pressure as sellers push price lower. We see the buyers are putting in a valiant effort to fight back but see price moving down to test 5643. We are now watching for price to make a lower high and give us an entry setup to try to bag a move lower.

 

Index : SPI200 Index

Current Price : 5671

Status : On watch for lower high and entry setup