SPI Daily 2nd April 2009 recap

"Bullish in early April and price is above the 5-day 50% level @ 3626

We have the HOOK pattern in the 24 hour market and the expectation is now that price should continue towards the 5-day highs @ 3710"

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SPI Weekly and 5-day pattern

SPI opened higher and moved down into support @ 3626 and then continue towards the 5-day highs @ 3710.

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