SPI futures Australian stock Market 4th October 2011 Recap

SPI is moving down into the Weekly lows (Random support @ 3805-3820)....

However, Tuesday’s lows @ 3855 could form support ($2 points), and as high as 4027 (84 points)
SPI Weekly and Daily range


Tuesday’s lows @ 3855 formed support, sending the market upwards (42 points), and then into a consolidating pattern for the rest of today.

Trend bias remains bearish, but could continue up towards 4027 during sycom hours (84 point range)





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