SPI Daily 3rd October 2011 Daily recap

Trend bias is down towards the Weekly lows...(3805-3820)

however, Monday could rise upwards from 3918 and retest the Weekly level @ 3951 (random resistance)

 

SPI Weekly and daily cycles

Early rise up from 3918 and a retest of the Weekly level @ 3951, which formed resistance.

close below 3918 set-up further weakness towards Monday's lows...

as part of a move towards the Weekly lows

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