This is could result in Friday continuing to trend upwards @ 4764, but it could also see Friday consolidate around the highs, as the weekly levels continue to form resistance for this week.
SPI Weekly and Daily range.
SPI moved down into support levels @ 4735 and then proceeded to move upwards, but then Weekly levels formed resistance once again….
This week has seen a higher Weekly close (bottom to top), but today has consolidated around the highs with a trend bias towards 4832-41
Things get interesting next week:- read tomorrow's Weekly Report
- Daily Trading Set-ups & Analysis
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