how high this rally, page-43

dune, fwiw cos i don't do forecasts, believing they are unnecessary baggage, and when I do them privately I tend to be one day ahead of time - just as i tend to be one move ahead of intraday moves and get stopped out just before the big intrasession move lately - so adjusting for all of that I think spi will rally further by cash close tomorrow, that usa will rally tomorrow night, that spi will rally with it, and that the spi high of tomorrow night will be the high of this leg up. In numbers I agree with your spi 6250 figure (zero prem/discount to xjo).. tho if for once I'm right in my initial judgement rather than a day ahead, then spi 6182 should see us off lower.

But I don't actually trade forecasts ...