Resistance 4342.
Above 4342 and upside is 4377
SPI Weekly and Daily range.
SPI continues to consolidate below the MAY lows and trade within the daily channels.
Early rise into Thursday’s highs @ 4342 and a push back down, and then today’s break above 4342 and subsequent move back towards 4377 and higher daily close.
Today’s late move and break above 4342 is part of the rotation back towards the June 50% levels.
It's now up to the S&P 500 to drag the SPI higher into Friday.
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