From my Trial Sub:
======================================
Hi All
Overnight the SPI continued down finding support at 4450 zone. This now become the level to watch for the next 100+ points down, a close below here would suggest that.
Todays Levels:
Overnight Close was: 4481.
Daily DSR Line is : 4511
Intraday DSR Line is: 4499
PP: 4522
Once we broke below the DSR Line of 4511 the market sold off, we are heading back to retest the breakout zone of 4511-4505. These become key resistance zone.
In Morning Play the level to keep an eye on is 4479.
Above 4479, next level is 4489, above that 4502-05 zone, and above that 4511, above that 4523
On the down side below 4479, next level is 4464, below that 4453-4447 support zone.
Enjoy your day and have fun trading.
For more information please visit: www.quicktick.blogspot.com. This email may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise.
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- spi futures 24 june 2010
spi futures 24 june 2010
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