SPI Daily 23rd July 2009 recap



SPI Monthly and 5-day pattern

Resistance 4067 along with the 5-day highs @ 4067

Except Price won't go up and test the 5-day highs, and we are left with trading ranges that can turn off any day-trader because of the lack of volatility.

Should be an intersting day tomorrow being Friday...

Every monthly high reversed down from the 5-day highs at the start of the new Week...

Tomorrow is the last trading day of the Week.