Support 4703 resistance 4739
For the market to continue down into Thursday's lows we need to see a R42 close below 4703 @ 4697"
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SPI Weekly and 5-day pattern
Early move down into 4703 saw a swing back towards the upper channels and resistance.
Today remained in a tight trading range between the levels in the 5-day range, but I was looking for more weakness into the 5-day lows.
The SPI never moved down into 4697 to confirm a HOOK and break pattern.
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