SPI Trading 3rd April 2008 part 4

SPI 10:30

I would have liked the SPI to have continued down from the first 'spiral-point', but sometimes it can be so obvious, that it doesn't always work out.

I re-entered on the SPI after it continued up into an R22 top...

Hopefully SPI can come down into an R44 low.

Once again 5585 is the 'RISK' level today, below and it has a random length.

My focus is to exit the trade around the 44 point ranges, but it can continue down further today...

Exit 5575 + 21

Seems to have a lot support around the 5-day highs @ 5559-72.....