SPI Daily 15th February 2011 recap

Resistance 4929-35

Support 4900.

Expectation resistance will push the market down into support, and as low as 4894




SPI Weekly and daily range.

The SPI didn’t open high enough or rise upwards in early trading and hit resistance levels.


Instead it moved down early, and then remained in a tight 21 point range for the rest of the day above support levels.



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