SPI Daily Australian stock market 15th September 2011 recap

the critical level in early trading will be 4116.

This could see a first 90 minute move down towards 4082-84....

if below 4082/84 then don't discount the market following the daily channels :- 84 points down from the highs.


SPI Weekly and Daily cycles


Market sell off from 4116 completing a precise 84-point trading range from today's highs.

90 minute close below 4082/84, and completing the primary range of 84 points (lower primary spiral point

and then a 42 point rise up from today's lows back towards the key Weekly level @ 4082















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