SPI Futures 12th March 2012 Daily recap

Trend guide on open in the Monthly 50% level @ 4222.

if below the trend bias is down 42 points towards 4169-74

SPI Weekly and Daily cycles

 A move down on open, as price remains below the March 50% level.

Further  consolidation below the 5-day 50% level @ 4209...

However, a failure to complete the 42 point range from today's highs towards 4174

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