SPI futures Australian Stock market 17th November 2011 Recap

I lean towards an initial down move of 21 points from 4259-61, which aligns with the 5-day lows on Thursday. 4239 is also 84 points down from yesterday's highs

This becomes a random support level, that potentially could see a rise of 21 to 42 points… Resistance 4289-95

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Early push down of 21 points from 4259-21 into support, and then a 42-point rise into resistance levels (4289-95)

And then more consolidation



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