SPI Futures Australian Stock Market 25th August 2011 recap

Whilst it's above 4202-06 the trend bias is to complete the first 21 range @ 4223.

once that happens I'm not sure whether the trend will continue to move up towards Thursday's highs

or reverse and follow a similar pattern as yesterday and move down into support levels:- first target 4185

SPI Weekly and Daily

Early rise upwards (21 points) and then the market reversed back down into trailing support levels. (first target 4185)

Not much more to say than that.








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