SPI Daily 21st April 2011 recap

Resistance 4921-26

Looking for the SPI to close yesterday’s gap (42 points)

Above 4926 could see a continuation towards the weekly highs.

 
SPI Weekly and Daily range…


Resistance was based on Thursday's highs and also the Weekly level, but it only lasted 21 points, and not the usual 42 points.


Any further gains towards the weekly highs @ 4997 will be helped or hindered by the price action in the S&P 500 overnight