SPI Trading 4th March 2008 part 4

11:55

SPI is still consolidating below channel lows and moving up into an R44 spiral top....

R44 tops in down trending markets are ideal for re-entry points with the expectation that price is still under pressure below channel lows, and heading lower.

Entry S 5409 stopped 5416 -7

Entry S 5406 exit 5398 5379 +27

No more trading today until after %rate news is released