SPI 14th November 2007 part 4


3:05 pm

Higher open today and expectation of a rotation back down into 5-day 50% level and 'gap' from 6627....

2 lot traders exit 2nd lot @ 6596 (44 points down)

3rd lot traders can hold into 6580 or the Gap @ 6563, or continue to hold into EOD, running stops above 6627....

Depends on US markets tonight and how they re-act to the resistance zones... (Report soon)