SPI Monthly and Weekly cycles
Expectation is that the trend is moving down into the September lows...
Next Week:- Weekly level @ 4082 could see the SPI rise back into the Weekly 50% level @ 4182
However, the first sign of weakness will be price trading below 4082....
and then confirmed with a breakout of the Weekly lows @ 4022
Note:- Weekly lows can often form a support zone during the current Month....
but my view is that the lows won't hold, as part of a September 50% level rejection pattern towards the monthly lows
