"Overall trend moving towards 6065, but there is still a possibility that the first couple of days in the trading week will rotate down before continuing higher.
If this is the case then we simply use the 5-day high @ 5957.
Often this is the case on Tuesday, where the 5-day high, spiral point low can push down from open and down into the 5-day 50% level 5915, and as far as the 3-day low by Wednesday's open.
Note: 3-day low @ 5878"
SPI 16:00 Recap
SPI pushes down into the 5-day 50% level and finds support...
Whether the SPI continues down into the 3-day lows @ 5878 will be dependant on US Markets on Tuesday....
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