SPI Trading 25th March 2008 part 5

SPI 12:32

SPI completed the 44 point range down move from open and now swinging back up into the highs, as it's trading outside the 5-day range.

On many occasions:- a day that is trading outside the 5-day range can often swing around in 44 point ranges most of the trading day until it's back inside the 5-day range tomorrow.

That's my view for the rest of the trading day....

More highly probable to get a larger down move tomorrow using the Weekly highs @ 5443 as a trend guide. (gap closure)