SPI PRIMARY & WEEKLY CYCLES
My ideal scenario is, to see the SEPT 50% level push the market down into the Monthly lows, which aligns with the 4th Quarter 50% level in October for the next move higher.
However, it won't surprise me to see it go back up to 6775
Markets moved upwards in September, with the SPI moving back up towards 6775.
Weekly price action suggests more weakness due to the Weekly breakout pattern even after overnight rallies in the US markets.
Resistance October 50% level @6600
I still think Markets will go higher into 2020, but I would idealy like to see it move as low as 6175 before it moves higher.
