SPI Futures:- Dilernia ModelTrend bias is to continue towards the December highs and then up towards the January highs and the matching 1st Quarterly highs in 2011.
In the short-term the trend remains stable with an upwards bias, however we need to keep an eye on the possible SPI move down into the Weekly lows @ 4692 over the next 2-weeks...
As this pattern would provide the next 'support' level for the trend to continue towards those first Quarter highs in 2011.
Merry Christmas to you all
