SPI futures 15th December 2011 Daily report

Resistance 4147

Early trend guide is based on 4119 (initial 21 point move)

Random support 4099.

SPI Weekly and Daily cycles

The SPI opened below the December 50% level @ 4134, and continued to remain below it after the initial 21-point rise.

Below 4119 saw the market move down 21 points and align with random support

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