SPI Futures 27th March 2012 Daily recap

Tuesday is part of a 2-day rise from Friday's lows.

And whilst above the Weekly level @ 4308 & Tuesday's highs @ 4312, the trend bias is up towards the Weekly highs @ 4343...

Trend guide 3408/12
SPI Weekly and Daily cycles

Market continued higher, but only after it moved down 21 points.

most of the UP move occurred as the CASH market came to a close, and after hours pushed the SPI higher.

Target remains @ 4343....

and as high as 4385, as per Weekly Report




Posted by