SPI Trading 26th February 2008 part 2

10:15...

SPI has pushed up into the resistance zone this morning with the expectation that price is moving back down into the 3-day high break @ 5624....

Weekly 50% level @ 5658 supporting the market today .....so far

entry short 5689.... partial exit 5674 +15

next exit @ 5659 + 30 10:18

ABOVE WEEKLY 50% even though expectating more weakness today

NEUTRAL POSITIONS