Support:- 4834-40
SPI Weekly and Daily range.
With February’s resistance level @ 4849 disappearing, my view was that the trend bias was to push upwards from 4840, with a minimum move of 21 points to 4861
However, the early rise from 4840 wasn’t sustained, and the market closed back below the support levels on Tuesday, resulting in another trading day consolidating below the Weekly 50% level.
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