Trend guide @ 4501
Support 4487
SPI Weekly and Daily range.
The market sold off on open (not from resistance) and found support @ 4501.
Whilst the market was supported, my view was that it was trying to move towards the highs, but all it could manage was a 21 point rise, and not the 42 point rise that I was looking for.
With the market trading above the Weekly level @ 4487, the trend bias is to continue higher in the short-term.
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