Australian Stock Market SPI futures 14th December Daily recap

There are two patterns at play....

#1 opens below the spiral filter 4181 or is rejected down from 4189 towards 4253 (Wednesday lows)

# 2 my hunch is that Wednesday will try and rise upwards:- target once again is 4204..., that may act as resistance

SPI Weekly and Daily range

 Early resistance @ 4189 (21 point down move)….

And then a move up towards the target @ 4204, which has acted as resistance once again...


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