closer to 4475-78 and price can move down into 4445-55
Unless price is trading below 4445 (support) it's hard to get bearish today other than 20 points"
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SPI Weekly and 5-day pattern
SPI opens near resistance and moves down into the trend guide @ 4445.
Even though this was an expected support zone today, unless the SPI had completed the move down into 4437 (R42-44 lows) and be rising up from the spiral lows, then it was another consolidating trading day.
Hard to get bearish whilst price is above Weekly support levels...
And US markets above their own suport levels on Monday, even though Monday is a public Holiday in the US.
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