SPI Daily 29th December 2009 recap

"Breakout of the high from last Thursday should continue higher into Tuesday's high:- 4851.

Weekly highs @ 4878, with a potential move towards the December highs @ 4909-19 by Wednesday-Thursday.

Trend guide 4826"



SPI Weekly and 5-day pattern


Early resistance around the highs, but failure to move down 42 points...

Instead finding support @ 4826 and then continuing higher, as part of the move towards the December highs.

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