SPI Futures 1st November 2012 Daily recap

Start of the new Month and the previous Support levels @ 4477 have disappeared.

Today:- is an each way bet using the daily level @ 4491, but it wouldn't surprise me to see the market move down into Thursday's lows

Below 4464 is seen as a breakout, as part of a move towards the Weekly lows

SPI Weekly and Daily cycles

Sell down from the 50% levels @ 4491, and a break of Thursday's lows...

has seen the market test the Weekly low Support levels @ 4437

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