SPI Daily Australian Stock Market 18th november 2011 Daily recap

Looking at the levels in the day session, today might struggle to rise higher than Friday's lows @ 4221

if below 4208... then trend bias is down (4189) and could go as low as 4173
 SPI Weekly and daily

 SPI couldn’t reach Friday’s lows @ 4221, as it spent most of the day below 4208…

And then proceeded to sell down into the close, as part of the continuation of the trend towards the November 50% level @ 4164 and the Weekly lows

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