SPI Daily 14th MAY 2010 recap

"Based on the Spiral filter and Weekly 50% level @ 4621 I'm favouring a down day with a minimum move of 42 points"



SPI Weekly and Daily range.

Slow trading day on Friday with most of the day consolidating below 4621 and the Weekly 50% level. And rotating in 21 point ranges.

SPI failed to complete the 42 point range down towards 4573