If the market opens around 4494/500, then we could get a 21-point reversal back down into 4471 (random support & trend guide)
SPI Weekly and Daily range.
Today's trading was based on whether the market continues to rise up from the June lows, as part of a short-term counter-trend move upwards
Market opened around today’s resistance levels @ 4494 and moved down 21 points into 4471, which formed support.
The trading range remained flat within the daily levels, until late buying pushed the market higher towards the Weekly level @ 4524.
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