Once it gets to 4873, it becomes a random pattern.
Price can continue to move higher 4906 (Tuesday’s highs)
or price can stall and move into a consolidation pattern using 4845 as support"
Premium Trading
SPI Weekly and 5-day pattern
Early expectation of a move upwards into the 5-day channel and then see how price would react around this level.
There was no probability pattern either way, either it continued higher or it was going to reverse back down into support.
SPI is range bound between the Weekly 50% level and the Weekly highs, and at this stage it is short-term trading within the levels of the 5-day range until it gets closer to November.
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