Monday’s Trend guide 4419
Support 4369 (Monday’s lows)
SPI Weekly and Daily range…
If the SPI was above 4419 the bias was to move into the Weekly 50% levels (resistance).
Once below 4419 the bias was to follow the trend lower into Monday’s lows, and the usual 42 point range.
Currently 4369 is supporting the market, however the trend at the end of the Quarter can continue to push the market lower into the 3rd Quarter lows in July.
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