SPI Daily 4th April 2011 recap

Resistance @ 4918-24

Resistance of 21 points towards 4903.



SPI Weekly and daily range.

The SPI is currently following a double weekly high pattern towards this week’s highs @ 4965.

However, Monday levels were seen as resistance, and a 21 point reversal was based on filling Friday’s high gap @ 4902.

The movement towards 4965+, or down into 4813 will be helped by the price action in the S&P over the next 2-days.