SPI Daily 13th MAY 2010 recap

Potentially there can be a gap fill and back to yesterday's highs @ 4623 in early trading

If trading above 4621-28 the bias is for the SPI to move upwards 42 points into 4662, but then it becomes a random pattern (resistance)"



SPI Weekly and Daily Range…

Gap fill on open and consolidation above 4628 with a late move upwards on Thursday towards the highs, along with a Daily close above the 3-day cycle @ 4661.

IF US markets continue to trend upwards on Thursday, then the SPI will be back towards the MAY 50% level by tomorrow.



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