SPI Daily 9th July 2009 recap

In the 5-day pattern :- 5-day 50% level resistance @ 3748

If the SPI is going to continue down into those Weekly lows, then price shouldn't move above 3748.

Trend guide 3718...




SPI Weekly and 5-day pattern

Extremely slow trading day with only program trading kicking upwards in late trading to move back towards 3748 and the 5-day 50% level.


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