SPI Daily Australian Stock market 28th September 2011 recap

I'm leaning towards the SPI coming down into 4029, (84 points down from sycom highs) and that could happen from 4054.

If it happens from 4054, then it has more reason to move upwards & complete the next spiral filter (42 points up)


 
SPI Weekly and Daily cycles.


Market moved down on open from 4054, and this completed the Primary range @ 4029 from the sycom highs.

This then set-up buying support & a rotation upwards from today’s lows, but without reaching 42 points. (4069) during the cash market hours