SPI Futures 25th MAY 2012 Daily Recap

Trend guide 4072 (Daily 50% level and spiral filter)

 Either the market remains within the channels @ 4055

Or price continues down into Friday’s lows, and then the weekly lows overnight.


SPI Weekly and Daily cycles.



After testing resistance this week @ 4143 and being rejected down…

The market bias was to try and continue down into the Weekly lows by Friday.

This was helped set-up by the today’s open and 4072; - 21 point than 42 points.:- rejection

Weekly Report out tomorrow



Daily Trading Set-ups & Analysis
Posted by