If price is below 4623-29 then the market will move into another consolidating pattern with a downward bias.
Below 4607 and market is likely to continue lower.
SPI Weekly and Daily range
Last day of the month and the market remains consolidating above higher timeframe support levels…
However, those levels shift dynamically starting from tomorrow.
Today’s trading resulted in more support and another rejection pattern around the daily channel highs @ 4623
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