"The trend guide for the day session is 4577-79.
Either price continues upwards or it loses momentum and drops back down into 4560
Next spiral filter @ 4619"
SPI Weekly and Daily range.
SPI opened much higher than expected, and above the 5-day highs @ 4599: - resulting in a breakout pattern
The next spiral filter @ 4619 provided a 21 point reversal down, but the rest of the day remain in a ‘breakout’ pattern and under the September highs. @ 4628
Further gains in the SPI will be dependant on the S&P moving upwards on Monday towards the Weekly and Monthly highs.
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