SPI Futures Australian Stock Market 14th October 2011 Recap

my hunch is that price will try and remain within a 42 point range today and close near the 5-day 50% level @ 4202

Trend guide 4238


SPI Weekly and Daily


SPI didn’t move up into 4238 to provide a move down towards 4202. (42 points)

Instead price moved down into 4202 and remained in a tight trading range between the Weekly levels

Weekly Report out tomorrow