Australian Stock Market SPI futures 25th Nov 2011 Daily recap

Today's trading is based on whether the trend continues with the Weekly breakout and moves down into Friday's lows…

or whether Friday swings back towards the Weekly low breakout @ 4102

Trend guide 4048..

SPI Weekly and Daily

Market remained below 4048 and continued with the downtrend....

As price moved down into Friday’s lows (4016) and beyond..

As part of the Weekly breakout pattern from 4102 towards the November lows.


Weekly report out tomorrow.