SPI Trading 11th January 08 part 3
10:45am
Exitted last contract 6058
Support January lows @ 6054.....
The rest of the day is an open book....
Might: - Swing back up, or consolidate around the center of the range of the past 4 days like yesterday, or even continue down following the 5-day dynamic low pattern.. (yesterday's view (no probability patterns for rest of today)
Overall Weekly trend is down and can continue lower into Friday (high risk trading Longs below 6065)
No more trades today
Posted by
Frank Dilernia