SPI Daily 8th January 2010 recap

"Trend guide 4915.

Upside Target & resistance 4934-37

Support 50% levels 4891.

Focusing on 10-20 point moves again and exit"


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SPI Weekly and 5-day pattern


Based on the price action in the 5-day range, it was probably going to remain range bound between the levels of resistance and support

And the focus was to take small chunks out of the range and stay out of trouble.








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