Trend guide @ 4792
support 4779.
SPI Weekly and Daily range
At ths start of the trading day I wasn't expecting Friday's price action, without price reaching the Weekly and daily highs first:- 4812/4816
I was expecting early resistance around 4792, but then my view was 4779 to hold support and then to continue towards higher highs on Friday.
Instead the opposite occurred, moving down into the daily lows @ 4736 and more of the same consolidation that we have seen over the past 2-months.
The only satisfying thing about today, was seeing volatility return during the day, because it has been missing lately.
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