SPI Futures 8th June 2012 Daily report

Resistance Weekly 50% level and Friday's highs.

Trend guide on open 4130

 down side target 4092 (random support 90 minutes)

SPI Weekly and Daily cycles

Early sell down on open after price hit the Weekly 50% level overnight.

first 90 minutes closed below 4092...

and proceeded to remain below 4092, as the market consolidated around the Weekly level

Weekly Report out tomorrow

Posted by