SPI Daily 13th April 2011 recap

I favour a move down into the lows, helped by remaining below last week's lows and also the Daily 50% level

resistance @ 1318-1322 8.5 to 14 points.

S&P Weekly and Daily

S&P moves up early and then continues down towards the lows (14 points), using both patterns as resistance.

However, S&P continues to remain above the critical support levels @ 1300-1304





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