SPI Trading 13th March 2008 part 4

SPI 12:10

SPI pushing down today, but is heavily influnced by the 22 point rejection ranges today.,

Stopped on my previous long @ 5198 (breakeven -0)

Moved to 'short-reversal' on R22 rejection

Entry 5204 partial exit 5198 +6 (stops 5209)

Looking for an R44 completion on the downside (exit R22 low @ 5188 +16)