spi down target 2979, but it extended to 2974 (its 5 day balance point), it hasn't done anything as yet to confirm the bears to be screaming just yet, of course upside will need to be confirmed with a move back above the 3 day balance point and then taking out 3028.
But as the market is below the 3 day balance point it will try and find the 3 day low period currently 2948 so that needs to be put into the price action.
i'm neutral and on the sidelines for the rest of the day.
SPI Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
