Therefore 5691 is seen as support, as the trend can continue to move higher until the 2nd Quarter (April) 6005 is the current target. Previous Report
SPI Primary & Weekly cycles
As mentioned in the last report:- 5691 was going to act as support and push up towards 6005...
The question is... do you want to be holding LONGS once again once 6005 is reached? (potentially the MARCH highs)
I know I wouldn't, unless there's a pullback within the Quarterly cycles :- Monthly 50% levels
