SPI Trading 13th March 2008 part 5

12:38 SPI

SPI has continued down into the Weekly lows @ 5165.

This is an extremely important support zone in the market today, because below 5165, it becomes a breakout after a failure of the 3-day high.

The next Support levels are much further down....

I'm not trading longs off the Weekly lows @ 5165 today because it looks like it wants to go down in March lows....