SPI Daily 14th April 2011 recap

Trend guide 4904

Expectation that the trend is moving down towards 4841, however, based on the levels in the daily range, I'm not sure that's going to happen today.

Resistance 4927


SPI Weekly and Daily range

Early selling pressure from 4904 down into Thursday's lows @ 4875 (random support)...

as the trend continues down towards from the April highs towards the Weekly level @ 4841.