SPI monthly and WeeklyLast week's 2-day UP move started the ball rolling with a move above the March 50% level, and helped by the S&P heading into the February highs @ 1138.
Expectation price is heading higher in the next Quarter towards the 2nd Quarter highs.
The most robust pattern for any higher moves would have to be the March highs stalling price, and then moving higher in the 2nd Quarter using the 3-month 50% levels.
In the short-term I would have to treat the SPI supported above 4727-4759 for the rest of this Quarter, but capped under the March highs.
