SPI Futures 10th February 2012 Daily recap

Trend guide 4260….

Either the market moves up towards Friday’s highs

Or it continues down into 4204-4211, Friday’s lows
.




SPI Weekly and Daily range

 
Market sold off on open, and continued down into Friday’s lows.

Friday’s lows and the February 50% level formed a support zone..

As the market continues to BUTT its head against the Primary trend 50% levels.

Weekly report out tomorrow