SPI opening above the January 50% level and daily channel highs
Expectation market is moving up towards Wednesday’s highs @ 4740.
SPI Weekly and Daily range.
Expecting far more upside today from the open towards 4740, as the market was opening above the daily channel highs.
4698-701 provided support for the first hour,...
but then the market pushed lower into the Weekly level @ 4693, and then the SPI moved into a consolidating pattern with an upward bias.
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