Because of the MAY lows, I'm not sure the SPI is going to move beyond 4453-57 today.
Trend bias is to continue down towards support levels or 42 points
SPI Weekly and Daily range.
MAY lows @ 4457 continued to resist the market today (21 point rotations) and then a late sell down into the close towards 42 points to complete the month of MAY
There is a possibility that from tomorrow the market moves up towards the June 50% level, but there won’t be any leads from the US overnight.(public holdiday)
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