Thursday is about whether the market continues to trend upwards into a higher weekly close
Or rotates down over the next 1-2 days, using next week’s 50% level as support.
High risk trading shorts above Thursday’s high, as the Weekly timeframe looks to be trending into a higher weekly close.."
SPI Weekly and 5-day pattern.
As pointed out in the Weekly report:- above 4690 after the first 2-days and potential higher weekly close by the end of the week.
- Daily Trading Set-ups & Analysis