SPI Futures 25th June 2012 Daily recap

Trend bias is down into the Weekly and Monthly lows in June.

 There is a breakout of Friday's lows, therefore there is an expectation that it will extend down into Monday' lows

Resistance 4017/22

SPI Weekly and Daily cycles

Monday sold down into the daily lows, completing the break and extend pattern from Friday...

and also completing the move down into the June lows, as part of the Quarterly cycle