SPI 16th November 2007 part 5


2:15pm

Gap filled on upside @ 6538, and coming down into an R87 and R44 lows @ 6494...

Didn't rise high enough to short the market around R44 spiral tops

Around the lows there is still a possibility of a swing back towards the highs late in the day... but don't try and trade longs below R44 Risk levels as this price action is following the overall Weekly trend down on Friday....

Any longs around these lows are high risk trades for Friday.....as the morning report suggested:- price following the rotation down towards 5-day dynamics