SPI Daily 25th MAY 2011 recap

Today's trading is based on whether the trend continues towards the Wednesday's lows @ 4580/82, as part of the break and extend pattern.

Trend guide 4624

Resistance # 4645


SPI Weekly (day session) and Daily range

The Trend continues down into Wednesday’s lows… and is likely to continue lower, as the S&P 500 breaks support on Tuesday.

Trend suggests more weakness towards the MAY lows @ 4492/4501





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