SPI Daily 14th July 2011 recap

Trend guide and support @ 4469/73

if above target is 4526/28 (partial exit @ 4485)

if below trend bias is down into Thursday’s lows

SPI Weekly and Daily range


Whilst the market was above the Weekly lows my view was that it would try and move upwards once again with a target around 4526/28.

There was some support for the first few hours..

But then a failure which resulted in the market moving down into Thursday’s lows, and more consolidation





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