SPI Trading 2nd April 2008 part 6

SPI 15:25

SPI Drifting lower Today, finding support around the double R44 low, (22 point UP rejection) and has been pushed down again...

We will have to see where SPI opens tomorrow, but 5585 is a major resistance level this week...

I would like to see those 5-day highs close the gap (5489-5521) before any higher moves can take place.

Next Report tomorrow