SPI futures Australian Stock Market 17th January 2012 Daily recap

Trend guide 4151-54

Note:- above 4164 and the trend bias is to follow the Weekly cycles towards 4211

SPI Weekly and Daily

intra-day timeframe close above 4154 attracted buyers, as part of a move towards higher highs in the Weekly cycle

Trend bias is to continue towards the Weekly highs @ 4211, as part of a move towards 4250-92 in the first quarter

• Daily Trading Set-ups & Analysis
• Index Futures SPI, DOW S&P, & Forex
• Subscribe to the Trader Premium
• http://www.datafeeds.com.au/premiumtrader.html