SPI Daily 16th November 2011 daily recap

Trend guide 4308.. (Resistance 4331)


Potential down move is towards 4270-72

SPI Weekly and Daily range

Tuesday's support off the Weekly 50% level @ 4259 has a bias to continue higher this week...

However, the market couldn't remain above 4308....

instead moving down towards lower support levels & 42 points from today's high

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