SPI futures 27th February 2012 Daily recap

1st Quartertly 50% level @ 4292 can as as resistance

Trend guide 4283

first target 4267 and as low as 4258

SPI Weekly and Daily cycles

As per Weekly Report, the 1st quarterly 50% level @ 4292 can continue to act as resistance for the next few weeks...

This saw the market close below 4283, and continue down into lower levels

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