SPI Daily 22nd March 2010 recap

"I'm starting this week with an expectation that there's a 2-day reversal towards the 3-day cycle lows and Weekly 50% level:- 4809-21

Trend guide 4869

Support 4843"



SPI Weekly and Daily range.

Lower open on support levels and a rotation into 4869, has seen Monday move into a consolidating day.

Previous channel low @ 4786 last Monday pushed the market higher…

And we have the same pattern today @ 4843.






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