Trend guide 4196.
Above 4196 look for a move towards 4225 and then 4245.
SPI Weekly and Daily range.
Lower daily open and aligned with the Daily lows @ 4166…
Price needed to clear 4196 for the trend to continue upwards, with a late spike as high as the channel @ 4257 & then the Daily 50% level @ 4270.
The SPI currently remains supported around 4170 and today’s up move failed to provide a single R21 reversal once above 4197. (Trending day)
Weekly 50% level @ 4332.
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