However in the short-term my view is price is going to act the same as it has acted over the past 3-weeks :- a higher open which normally closes lower:- Resistance 3666"
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SPI Weekly and 5-day pattern
“Today its completed the R87 highs. There is still the potential of a reversal back down into the support levels,
I favour a continuation back down, which should complete the R87 points from today's highs….” 12 :10pm Premium Report
Rally on open today moving up 87 points.
Once back below 3666 my expectation that the market was going to rotate back down into support and complete the rotation into the intra-day support levels.
Note:- trend guide Weekly 50% level.
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