This week the market has moved away from the filter on open, but today we are trading above it. Because of this there is an expectation that price will be drawn towards it in early trading.(4675)
SPI Weekly and daily range.
Higher daily open and price moved down into 4675, stabilised by 11:20 and then proceeded to move up towards 4706 on Friday (resistance)...
Resulting in a 5-day pattern that has consolidated within the weekly ranges.
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