SPI TRading 17th July 2008 recap

"Today my view is based on Thursday trading between 4924 and the 5-day 50% level @ 4889.

I don't want to short trade above 4924

And it's high risk trading longs below the 5-day 50% level."

Morning Report

SPI 16:10 Recap

SPI Daily and 5-day pattern

SPI opens higher and moves down 44 points, and remains range bound between those two levels for most of today....

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