SPI Daily 22nd December 2010 recap

The key levels in early trading are 4766-67

Resistance around 4795 (daily highs on Wednesday)



SPI Weekly and Daily range

Expectation that 4767 would support the market and continue up towards Thursday highs @ 4795, as part of a push towards December's highs.

Support held but the trend failed to materialise….

As the market consolidated in a tight trading range above support

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