SPI


SPI

Observe the clear break of the current trend line off 2360 Sept 1st low. Now it has broken, we can expect a 2 month down trend minimum, back to the mid point, and better market buying conditions. A target of 2800 can be expected. Note also the (sort of) head and shoulder pattern late April. The target off the right should at 3035 is 2880 or so. Note previous tops at 2850. I am confident the move to the midpoint will eventuate. If the midpoint holds, watch for a further move up and eventual September high.

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