SPI Futures 5th March 2012 Daily recap

Trend guide 4269

Resistance 4286 (weekly level)

Bias is down towards Monday’s lows @ 4242



SPI Weekly and Daily cycles

Small trading range below 4269, without reaching Monday's lows @ 4242


Market remains lackluster, as it continues to consolidate below the 1st Quarterly 50% level @ 4292…

But above the single yearly 50% level @ 4250...