SPI Trading 1st April 2008 part 4

SPI 11:15

SPI daily heading down towards the April Balance points, along with the Weekly 50% level.

Today's R44 reversal changed the short-term trend below the 5-day 50% level (5395) the first time in 6 days.

Around the 5-day lows will be an important support zone on Tuesday, and again on Wednesday....

This will be based on a Lower Daily close (Tuesday), followed by a lower Daily open rising upwards from tomorrow.

Next SPI report 15:30
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