SPI monthly and Weekly (Dilernia Model)Trend remains stable and looks to be moving upwards, as long as it remains above 4760 next week.
A 2nd week reversal pattern didn't eventuate, but we would have known that, if Thursday was trading below support and was Friday closing below 4689.
If 4760 doesn't hold next week, I just think it will be a short term consolidating pattern ( Weekly 50% level @ 4690) until the end of the year, as market activity grinds into the holiday season.
