SPI Trading 23rd June 2008 Recap



SPI 16:00 Recap

Monday's trading was all about the 5-day lows @ 5230.

The SPI opened around the Weekly lows @ 5214 pushing up from the 5-day lows, as it follows the Weekly pattern of a lower open and a 2-day reversal counter-trend move.

Today's price action closed the gap @ 5280 continuing higher into the 5-day filter 5306.

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