SPI Daily 9th June 2010 recap

SPI trading above the Weekly 50% level @ 4362

Trend guide 4397

resistance 4429 in early trading




SPI Weekly and Daily range

Higher daily open and a retest of the Weekly 50% level (42 points down) with a late close above the trend guides @ 4397

At this stage the market looks like swinging back towards the June 50% levels, as it continues to consolidate in June, and well supported around the Yearly 50% levels @ 4295


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