SPI Daily 7th MAY 2009 recap

Resistance 3950

Thursday's highs


SPI Weekly and 5-day pattern

SPI reaches the MAY highs @ 3950, mathced with a day session 5-day high @ 3950

Expectation of a reversal down from these levels, but it needs weakness in US markets.

US markets are reaching their MAY highs today

The first sign that this is a top in the market is when the SPI breaks 3842 and closes below



  • Daily Trading Set-ups & Analysis

  • Index Futures SPI, DOW S&P, & Forex

  • Subscribe to the Trader Premium

  • http://www.datafeeds.com.au/premiumtrader.html



  •