Based on the price bar (HOOK), I would lean towards price pushing upwards, with the potential move towards Wednesday's highs @ 4028.
The day session 5-day 50% level is @ 3974 is the trend guide"
Premium Trader
SPI Weekly and 5-day pattern
SPI continues higher and towards the JUNE highs @ 4042.
Today was simply trading on the correct side of 3974 and the 50% level.
Once above that level the market bias was to move into 4000, and above that it was 4028, and Wednesday's highs.
June highs are seen as resistance zones, but I'm not factoring in a down day in US markets, especially after a 2-day stall pattern above the Weekly 50% level.
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