SPI Futures 21st June 2012 Daily Recap

Support 4107 for a rise upwards into 4128, and as high as the Weekly level @ 4137-47

below 4107, and trend bias is down into the Weekly 50% level @ 4075

SPI Weekly and Daily cycles

I was expecting some support around 4107 to close yesterday's gap @ 4128 (previous daily level)

instead it has followed the overall trend bias...

remaining below the 2nd Quarterly 50% level and June 50% level, as per Weekly Reports

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