SPI Trading 2nd MAY Recap
SPI Recap 15:50
"SPI is opening above the Spiral channel therefore expectation is that price is pushing upwards which is confirmed by using the Spiral filter....
Moves up 22 points and continues higher (44 points) into the 5-day highs before reversing back down into and R44 low".....Morning Report
SPI Rallied today into the 5-day highs @ 5727, but at this stage hasn't completed a full 44 point rotation down, maybe after the bell....
SPI Weekly Report out tomorrow
Posted by
Frank Dilernia