Above and it’s closing the gap @ 4647
Support 4601.
SPI Weekly and Daily range
Early rise up from 4721 saw the market hit resistance @ 4647 resulting in a move down into 4601, which then provided support (42 points), but closing below the Weekly lows @ 4632
This is the last week of MAY, and after last week’s rejection of the MAY 50% level, the current trend has the potential to continue down towards the MAY lows if the S&P fails to hold support at it’s own Weekly lows @ 1310.75
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