US markets tumbled down this week and found support around their higher timeframe monthly 50% levels.
This move down was forewarned by Weekly timeframe levels showing 'drops' , and support has been verified. Therefore expectation is that early next week the SPI will try and close the upside ‘gaps’, before any weak pattern downisde is goign to happen.
I'm still bullish on the SPI, but technically the market in the short-term is weak.
Friday closed below the 3-day lows, and also the Weekly 50% level.
Monday will open below those levels, and it would need to move back above 6737, otherwise price will move down with a Random length and follow market dynamics lower
November 50% 6363
