If the market moves down 27 points (3612) and begins to rise upwards, then the view is for a minimum move upwards 44 points and towards 3674"
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SPI Weekly and 5-day pattern
Today's Long set-up was based on where the first 27 point down move would occur, with the expectation that price would follow the 5-day pattern higher into 3674
That 27 point down move was 3612, and that was the low for today and the move played out precisely.
Shift in levels for tomorrow, and the view still remains that the SPI is trying to reach 3800+ in the next few days in March.
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