SPI futures 30th MAY 2012 Daily recap

Trend guide @ support @ 4079:- 21 to 42 points...

 as part of a continuation of the move up towards the June 50% level

    SPI Weekly and Daily cycles

    expectation that 4079 would form support and continue higher:- 21 to 42 points, but it failed

    and then when it closed below 4079 I had the expectation that it would continue down:- 21 to 42 points.

    It did neither.

    Instead remaining choppy

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