SPI Daily 24th June 2011 recap

my ideal pattern today would be for the market reverse down from
4501-06 and move down into Friday's lows finding support, and then make a late charge upwards after 3pm towards 4510



SPI Weekly and Daily.

Early selling pressure from resistance levels @ 4501-06, however the complete 42 point reversal down into Friday’s lows didn’t play out.

Instead it moved down over 21 points, but then moved back towards 4510 late in the day.

My preferred pattern was for the market to move down 42 points into 4463-66 and then swing upwards.


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