A few targets met on ES but several targets lie above it. Upwards expected from here, but there may be swings.
ASX - SPI has formed a right shoulder. I anticipated 7595 for the shoulder, but the lower point & figure target of 7548 was hit instead. P&F is a remarkably useful method of price projection, but not on its own. Currently it's saying the SPI may pause at 7631.
SPI 1hr
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- Afternoon trading April 26
A few targets met on ES but several targets lie above it....
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