SPI 10th December 2008 recap

"There can still be 4 days of consolidating price action with a late breakout on Friday and a continuation UP towards the December 50% level next week

Wednesday:- 5-day 50% level @ 3581 is the trend guide"

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SPI Weekly and 5-day pattern

More rotation after the bounce above 3581 in early trading.

At this stage the trading days are consolidating (with an UP bias).

ie. higher daily opens and lower closes.

lower opens and higher daily closes.





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