James,
go into members forum and most of the SPI posts will be there now.
today,
Engluffing day yesterday and today looking to open lower, statistically there is a good chance that prices will go into a tight trading day and form an inside day,so i agree with you.
The daily balance point of 3044 will feature today where an open on either side will have a good chance that the trading will have a bias away from that, so if it opens below 3044 then my view will be weakness and visa versa.
Good opportunties today for me will be hard to come by, early trading and i'll also keep an eye around 2.50pm for any scapling opportunties.
my ranges today are 3026 and 3053,
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