SPI Daily 18th June 2010 recap

My view is that price will move down 21 points in early trading, but after that I don’t have a view as there are too many levels that can support the market today.

Resistance 4552

Support 4519

SPI Weekly and daily range

Consolidating trading day to close out the week below the Weekly highs and above the June 50% level.

Early sell down of 21 points and not much further, and then consolidation with a late move upwards into the close



  • 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