Australian Stock Market SPI futures 13th December 2011 Recap

Support Tuesday’s lows @ 4181-87


Random resistance Weekly 50% level @ 4204.

SPI Weekly and daily cycles…

21 point rotations as the market remained in between support and resistance….

4181 was the spiral low, whilst the Weekly 50% level @ 4204 formed a robust resistance zone.

And a late sell-off, as US futures continue lower at the same time.

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