SPI Daily 12th MAY 2010 recap

"If the SPI opens above 4570 then it's is moving towards 4592, and then towards the highs @ 4628"



SPI Weekly and Daily range.

SPI opened @ 4570 and proceeded to move towards the highs, completing the first range @ 4592 and then a 2nd R42 range upwards @ 4620.

The rest of Wednesday remained range rotating with a double R42 move down into the lows and then consolidation around 4585.

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