resistance around 4506 to 4516....
Below 4471 and we have trend bias towards Monday's lows @ 4434, and as low as 4411.
SPI Weekly and Daily range.
Early rise upwards completing the spiral filter @ 4506…
And once the market was below 4471, the trend bias was down into Monday’s lows @ 4434 (random support)
Unless the market is above 4524, the trend is following the monthly cycles towards lower lows in July, as described in the Weekly report.
That will also depend on the ending of QE2 funding on 22/6/2011
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