SPI Trading 15th Feb 08 part 6

14:56

SPI moved down into the BUY zone and R44 spiral bottom.....

A bullish pattern should swing upwards and move back above 5552 and into the close of the day...

A bearish close is a failure under 5552 and moves back down taking out 5536 (lower Daily close)

Entry 5538

Partial Exit @ 5551 (+13)

Stops @ 5534


Holding into close or 5593....

If stopped out won't trade again today, but regardless, today turned out much better than expected