SPI Daily 28th July 2010 recap

Trend bias is up and moving towards the Weekly highs and then 4572 (later this Week)

Support 4481



SPI Weekly and daily range

Early support around 4481 until the CPI figures came out @ 11.30

This pushed the SPI back down into the July 50% level @ 4464.

Once back above 4481 the bias was to rise upwards into the close.

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