SPI Daily 12th November 2010 recap

Because of the higher weekly open and price coming down from the November highs and also below 4752...My view is that this week is closing lower. (lower Friday close)

Resistance 4752

Trend guide 4719

SPI Weekly and Daily range

Early rise from 4719 up into the resistance @ 4752….

Then a reversal back down, as the market closes lower Friday

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