on the tecnical front,its pretty clear that spi is in a sideays...

on the tecnical front,its pretty clear that spi is in a sideays pattern within the usual consolidation/congestion zone beween fib .62 and fib .38 retrace of the low mid/late jan and the high around 1st feb.. both support and resistance have been tested .. we've been in this fib zone before, after the aug low if I recall correctly.. dunno, but the outcomeremains uncertain as long as spi persists within the zone.. guessing the outcome is pretty futile..preparing for a breakout either way is constructive.. playing the zone is pretty tricky as well..