Today is about simply trading the levels in the market and trying to understand what the market is trying to do:- If price is trading above 3859, then there is an expectation that Monday is a trending day upwards with a random length.
A 5-day breakout should extend up into Tuesday's high, and in US markets on Friday there is a 5-day high breakout, which should see higher prices on Monday:- short-term target 3941
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SPI Weekly and 5-day pattern
Higher daily open and push down into Support with a precise 42-44 point range move bouncing off the Weekly 50% level @ 3808.
Once above 3822 the confirming pattern had to breakout of Monday's highs @ 3859.
Once above that as per Daily report, expectation of a continuation upwards towards 3941.
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