SPI Trading 21st Dec 2007 part5
15:20
SPI rotating upwards after 3-day consolidation around the December lows, back into the 5-day 50% levels...
I had a hunch this was going to happen today, but for me to be trading longs I needed to see 'gap' closure, or trade up from 44 point lows...
Full Weekly report tomorrow..
16:13
44 point reversal late in the day
5. re-entered on longs @ 6275 & 77
Partial exit 6293 and 6302
Posted by
Frank Dilernia