The rest of this week is based on whether the trend continues toward 4773+
Or whether the market is rejected down from the June 50% level.
SPI Weekly and Daily range
Market opened on resistance @ 4841, moved down 42 points, and then consolidated below the June 50% level.
Whilst the market is trading below 4734, (June 50% level) the trend bias is to move back towards 4649.
That will depend on whether the S&P 500 reverses down on Wednesday from 1348
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