thursday trading, page-56

Hi All,
SPI effectively made a double top around 3763 in November and December (ignoring the two shonky spike days) and a low in between at 3472. The exhaustion top on 7 January proved to be a false break so 200% target would be about 3181. The high on Tuesday met resistance at 38.2% retracement and today's high hit 61.8% (so far).

There was a long entry on 3 Feb but it failed at the death zone of 50%.

Today triggered a short entry on the weekly chart with a target of 2952.

I'm still wearing my bear suit and I know a number of you are bullish and welcome any comments that support a bullish view.
Thanks