SPI Daily 18th March 2010 recap

"March highs @ 4912-17: - resistance

Early trend guide is 4892 (spiral filter)

Below 4892 and the first target is a 21 point reversal to 4872

Support 4872"



SPI Weekly and Daily range.

There were a number of resistance levels today:- 4912 (weekly highs) & 4917 (march highs)

However, the SPI didn’t move up into resistance levels…

Instead price moved down into support levels (from 4892 spiral filter) and proceeded to move in 21-point rotations for the rest of the day.









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