SPI Daily 4th November 2010 recap

"Thursday's highs are random resistance

and then continue towards the November highs by Friday.

Support 4720"

 

SPI Weekly and daily range.

Same pattern as yesterday, but this time price didn’t move down into support (4720) from the channel highs @ 4743

Instead price continued with the breakout of the Weekly and daily highs towards 4764 and then stalling between the levels.

And most likely continue towards November’s highs by Friday




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