SPI futures Australian Stock Market 20th Sept 2011 daily recap

Tuesday is seen as part of a 2-day downward reversal pattern

a 2nd down day could follow a primary range of 84 points, and continue lower overnight if the S&P follows a similar 2-day sell pattern

 
SPI Weekly and Daily range.



Tuesday has continued down, without hitting resistance levels @ 4112.


Any further weakness in the short-term will depend of price action is US markets overnight








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