SPI Daily 12th October 2009 recap

"Higher Weekly open and normally I would look for a pullback into support and then a higher move towards the Weekly highs.

However, it won't surprise me to see Monday move higher.

The trend guide is simply going to be based on Friday's level @ 4784"

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SPI Weekly and 5-day pattern.

I didn’t have a probability pattern today other than trading on the right side of 4784.

Above and the expectation was a higher move towards Monday’s highs:- R42 up.

This was part of the overall view of the move towards October highs.

Below was a reversal pattern down:- higher spiral point and Weekly open pattern.




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