SPI Daily 7th June 2010 recap

"It will depend on where the SPI opens, but below the (4362-67) and in theory the SPI should struggle to rise higher

Support 4292-4300"




SPI Weekly and Daily range.

Market opened below the weekly 50% level and Daily lows on Monday.

pushed down 42 points @ 4311, but not down into precise support levels (4292-4300)

After 4311 completed the market moved into a consolidating pattern 21 point ranges, with a late swing back towards another R42 high @ 4346






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