Australian Stock Market SPI futures 21st Novemer 2011 daily recap

There are two patterns at play today based on Friday's 5-day low breakout...

#1) either it extends downward into Monday's lows @ 4154. (random support)

#2) it rises upwards, and retests Friday's Breakout @ 4221.


SPI Weekly and Daily
Early support from the November 50% level 4164 (21 points)…

but the market followed the break and extend pattern down into Monday’s lows @ 4154.

The SPI remains around critical support levels during the month of November.



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