SPI Trading 26th March 2008 part 5


SPI 12:53

Eventually SPI is making it's way down into an R44 low @ 5374

My Exit zone was 5380 but I've jumped the gun and exited @ 5384 + 33

rest of the day has a random outcome, but it could continue lower into the close, as per morning report with the reversal down from 5418 today.

Note:- With 1 week remaining until the start of April, my view is for the markets to come down and test the April Balance point (as shown in the Daily chart) before any further UP move can eventuate in the next Quarter.

Next SPI report @ 15:20