SPI Daily 28th September 2010 recap

Whilst the SPI remians above 4672-74 the trend bias is up.

Minor trend guide today is 4686

Minor resistance 4716-18.




SPI Weekly and daily range

Small range day with an upward bias, without reaching the daily highs on Tuesday

As per Weekly report:- I'm only bearish in the SPI if it's trading below 4658 on Wednesday for a rotation back towards the October 50% level