and then next best long set-ups will align with lower lows in June...
Previous Weekly Reports
SPI Monthly & Weekly
The trend in the SPI is going to depend on whether the S&P 500 breaks support or not (Read US index report)
if it breaks, the SPI will continue down into the MAY lows
if not...
it can dip down into next week's lows (4618-49), find support above the 2nd Quarterly 50% level, and then make a gradual rise in the last week of MAY.
Looking at the levels in the Weekly range....
I would continue to use the Weekly levels as resistance/Trend guide:- 4738
