are looking for the 42 point range to close lower (4282)...
if that is the case then 4288 become the trend guide and
whether there is further weakness into the close..
SPI Weekly and Daily cycles
The SPI is trading below the Weekly level @ 4319,
therefore there is a bias to move lower….
Helped by the daily filter @ 4307 (21 to 42 points)
- Daily Trading Set-ups & Analysis
- Index Futures SPI, DOW S&P, & Forex
- Subscribe to the Trader Premium
- http://www.datafeeds.com.au/premiumtrader.html