SPI Trading 10th October 2008 recap

SPI Weekly and 5-day pattern

SPI closes @ 4051.

In fact it closes below the Yearly lows @ 4232, the Quarterly lows @ 4160, and one of the most robust support patterns within the Weekly range, price closes below the 5-day lows @ 4083.

It is not very often that you'll see the SPI not rise upwards from the Yellow support levels.

Weekly Report tomorrow.....




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