SPI monthly and WeeklyExpectation of an early push upwards into the Janaury highs, and as per previous report there is a lot of resistance levels around 4956-68.
Whether there is a breakout on the Upside (monthly close above 4956, or a reversal pattern down from these highs, we need lesser timeframe patterns to validate the moves.
That's probably going to happen based on the price action in the S&P 500 (Read US report).
First sign of any reversal will be a breakout of the 5-day lows (white line) @ 4878.
