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


  • Daily Trading Set-ups & Analysis
  • Index Futures SPI, DOW S&P, & Forex
  • Subscribe to the Trader Premium
  • http://www.datafeeds.com.au/premiumtrader.html