SPI Trading 3rd March 2008 part 3

12:30
Breakout of the Weekly range and 5-day lows and expectation that price is heading down towards March lows.

We have had a 4-week consolidating pattern during February, and now with the start of the new Month, the trend continues down confirmed with today's breakout.

As previous described:- today can continue down lower, or swing upwards into another 44 top before moving back down into the close.

Not interested in trading longs below the 5-day lows.....