SPI Trading 16th September 2008 recap

"There is not much more I can say than trade the 5-day levels.

On the upside:- 5-day low @ 4697 along with September monthly lows could support the market, but I can't see higher prices than 4758 (Yesterday's 5-day lows)"


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SPI 16:20 Recap..........Weekly and 5-day pattern

SPI found support around the 5-day lows and September lows today, which was extremely choppy today until a late rally sent the SPI back towards 5758 and higher...