SPI Daily 17th February 2010 recap

"SPI will be opening around the highs on Wednesday.

If above 4592-97 the expectation is that the SPI will follow the spiral filter into the Weekly 50% level @ 4536"

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SPI Weekly and Daily range.

First time since last year that the SPI had opened above the 5-day highs and it wasn’t coming back, as it reversed back into the Weekly 50% level @ 4635.

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