US markets were lackluster on Thursday:- I expected more buying off support on Thursday resulting in a push towards the 5-day highs, which would have resulted in the SPI opening around 4140 and our 5-day highs.....
Today is simply about 4024
Below and it's a trading day which will could end up slipping back down into the 5-day 50% level:- with short covering after 14:50"
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SPI Weekly and 5-day pattern
Trade on the side of 4024:- push down towards the 5-day 50% level @ 3928.
Never got down that far but short-covering back into 4024,which often is the case on Friday's
Note:- If US don't have a major rally on Friday with a breakout of their 5-day highs, but instead reverses back and drifts down on Friday, then things don't look so great early next week:- Weekly report tomorrow
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