Australian Stock Market SPI futures nd december 2011 Daily recap

Current price action looks like it will move towards a higher Weekly close :-

Trend guide 4235 :- Weekly highs target:- 4321

Random resistance Friday's highs @ 4303

SPI Weekly and Daily cycles

Thursday's daily close above the Weekly 50% level, help set-up a continuation for a higher Weekly close (Friday).

4235 formed support, and the trend continued towards Friday's highs @ 4303.

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