SPI Daily 21st October 2010 recap

Resistance 4669-76

Support 4632-35

My view is to remain range bound between those levels



SPI Weekly and Daily range


Tight trading day once price hit resistance levels @ 4669 (high) and price reversed down towards the attraction zone of 4632-35

Once cash market closed, futures pushed lower towards the close looking for a move of 42 points down from today’s highs