SPI Daily 24th November 2011 Daily recap

Trend biax is down :- Resistance 4078-83

Support 4033 (spiral filter @ 4041)…

SPI Weekly and Daily cycles

Market continued down early forming a lower spiral filter pattern @ 4041.

This saw the market rise 42 points into the resistance zone @ 4083.

The Trend bias remains down, as part of the Weekly low breakout….

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