SPI Daily 2nd August 2010 recap

As per Weekly report, my view is UP:- 2 to 3 day rally

Trend guide 4467-72



SPI Weekly and Daily range

SPI rallied in morning trading from 4472 completing the R42 range upwards.

The rest of the day consolidated, and it is likely to continue higher.

3rd Quarter target remains 4672

short-term target 4565.

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