SPI Primary & Weekly Cycles
Weekly cycles showing weakness with the break of the September 50% level and breakout of the Weekly lows.
Normally there would be an expectation the trend will continue lower towards the Weekly lows, as part of a "break and extend pattern" and looking for the 2/3 month lows.
However, the Primary cycle is still looking for more gains and the target of 6437
Therefore, long term suggests more gains, Short term suggests weakness.
Trade either side of 6147
A retest of the 2/3 month lows, or as far as 5984 is an ideal level to get back into the Primary BULL trend
