Australian Stock Market SPI Futures 5th December 2011 Recap

Below 4319 and my view is that this week will begin with a 2-day reversal

If above 4319, random resistance@ 4337


SPI Weekly and Daily cycles.

My view was that the SPI move lower today.

However, the S&P 500 opened  above its own Weekly level @ 1249.50, and proceeded to push higher during Sunday's trading hours...

And the SPI followed, moving towards 4337 & stalling,