SPI Daily 23rd December 2010 recap

SPI moving towards the December highs @ 4823-41.

support levels @ 4771-75

Random resistance @ 4794-96





SPI Weekly and Daily range.

Early support @ 4775 with an expected move towards Thursday’s highs as a first target @ 4794

Those levels were random resistance, simply because of the market is trying to move towards the December highs @ 4823-41

Breakout of Thursday's highs should continue to move upwards tomorrow, but that will depend on the price action in the S&P overnight, and where tomorrow opens.



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