SPI Futures 24th February 2012 Daily recap

with the price action in the S&P overnight, the SPI could be on its way towards next week's highs.

Resistance 4285

 SPI Weekly and Daily cycles

Early resistance of 21 points around 4285…

But then it tries to continue upwards, as the 1st Quarterly 50% level @ 4292 forms another resistance zone.

The SPI will continue up towards next week's highs, if the S&P 500 follows yesterday's Support pattern
and  towards a higher Friday close.

• Daily Trading Set-ups & Analysis
• Index Futures SPI, DOW S&P, & Forex
• Subscribe to the Trader Premium
• http://www.datafeeds.com.au/premiumtrader.html