SPI Daily 10th June 2010 part 5

SPI 5-day and spiral filter @ 4392 is Trend guide

Random resistance 4429

SPI moves 42 points in the first 90 minutes and then usually consolidates 21 point ranges





SPI Weekly and Daily Range

SPI moved upwards and completed the first R42 range, but then remained consolidated above 4429 for most of the day.

Whilst above the Weekly 50% levels the market looks to be continuing towards the June 50% level.