SPI Daily 15th June 2011 recap

Resistance 4608-13

Support 4576.



SPI Weekly and Daily range.

Whilst the SPI was above 4576, the trend bias was up, however there were a number of levels that were going to play a resistance role today @ 4608-13

The Market moved down on open , however the support levels failed to push the market towards the highs…

Instead support @ 4576 formed resistance for the rest of the day.

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