SPI futures 28th July 2011 recap

There is a breakout of Thursday's lows, which can form resistance @ and continue down into the Weekly lows @ 4427

 

SPI Weekly and Daily range

Market opened below the Weekly level @ 4459 and remained below it, heading down into the Weekly lows @ 4427.


Markets remain weak, as the US goes into the end of the week, with the debt ceiling hanging around its neck like a lead balloon.

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