SPI Daily 24th February 2010 recap

I'm bullish on Wednesday, but because of the brown filters @ 4690-94, I’m not expecting further upside

Ideal pattern would be to move down into support level and continue upwards :- 42 points

Support:- 4650-55





SPI Weekly and daily range.

I wasn’t expecting a down day at the start unless price had hit the resistance levels early in the day

My view was to remain within the range completing a 42 point upwards using support @ 4550-55

Instead the opposite occurred breaking support and moving down, with today's open and push down from the February 50% level @ 4664.






  • Daily Trading Set-ups & Analysis
  • Index Futures SPI, DOW S&P, & Forex
  • Subscribe to the Trader Premium
  • http://www.datafeeds.com.au/premiumtrader.html



  •