SPI monthly and Weekly cycles
As noted in last week's report, the trend bias is Up but around 4288/90 there was a random resistance zone, which is what happened
Next Week:- the overall trend is to continue up towards the August highs..
and next week's weekly level @ 4236 will determine whether that's going to happen or not.
Trailing 'support' resides around the Monthly and Quarterly 50% levels
