SPI Futures Australian Stock Market 29th December Recap

Support 4019 (Thursday’s lows)

Gap closure @ 4056 (resistance)


SPI Weekly & Daily cycles

 
SPI remained above Thursday's lows @ 4019, but failed to complete the 42 point range upwards…

Or at least hit the gap closure and daily level @ 4056.

Market continues to remain weak coming into the end of the year.