![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgI5sjWFKzHm4hZZmRDA8lB9VGkghcb0PTk18cbRWoey_eQ9Ll6yzLXDesM-NT4o0AjMo5rG7C0GW5kvN4S0p4LKvNfevedb6aCqmdpRgPklsjenisknQNebN3bwqe01LgeK0HZqt9yv07U/s400/spi9-5.gif)
SPI trading around the Yearly 50% level @ 4455...
I do have a view of higher prices into the 4th Quarter...
However, my preferred pattern continues to remain price drifting sideways until the 4th Quarter and rising up from the 50% levels
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhE4wHhn1Fjw47EVryKSxe2kaD_uJsVkYQq8PGRZXghTAc20Hm6aU_tzIymuYBZFuUPX6lszNOPM6EN_On814WLNwt7o4Iu-jy5lqp7zUSuXCXFD489OIt84eYNN1SUzPqVsIPAenBQB5sl/s400/spi9-5a.gif)
SPI trading above Weekly support and can continue higher next week....
However, for the next couple of weeks i'm leaning to a sideways pattern until the 4th Quarter begins.
For SPI traders it's simply trading on the right side of the levels in the 5-day range, and looking for those 21-42 point intra-day range patterns.