SPI Futures Australian Stock Market 9th February 2015

SPI Primary & Weekly cycles

As mentioned in the previous report, the Australian Market is back into a Bull trend. & has now completed the move into the 2015 highs.

Unlike my view last year to dump stocks around the 2014 highs, this time it's different

The Trust pattern upwards from the 2015 50% level and now a close above 5691 is extremely bullish to continue higher

Therefore 5691 is seen as support, as the trend can continue to move higher until the 2nd Quarter (April)

6005 is the current target.