We have a magnet today. We can sell the market for this at the open but the market really needs to drop straight away and then make progress below 5650 quickly. So avoid the trade if we open and move higher as we could see higher prices quickly. The stop is therefore the open price.
I am expecting a break out below 5600 or above 5700 today and the open will be key. If we climb higher I will once again be looking for signs of failure below 5700 as well for a possible trade.
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