early bias is to rise up into 3810...(above support)
A closure above 3835 today and there can be another push towards 3875:- breakout"
Premium Trader
SPI Weekly and 5-day pattern
SPI kicked up higher this week, as it follows the Monthly timeframes higher.
April resistance disappeared and has dynamically moved higher in MAY
Even though I modelled higher prices in MAY, I didn't expect the move to occur in 1 single trading day.
But I did expect price to move higher if price had closed above 3535, another 44 point range upwards.
SPI back around the highs:- 3891 is the equivalent of 3778 in April.
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