SPI Trading 21st January 2008 part 2

10:38am

SPI opened between support 5679 and resistance 5727...

I was going to either trade up or trade down using either support or resistance.....

The market moved to a high of 5722, if it hit 5726 I would have shorted it down into the R44 low and support @ 5678...

First trade long 5683 (support) stopped out @ 5677

2nd trade Long 5653 system long (high Risk) Exit all to be neutral @ 5667...

Trading longs below support is open to Risk....