Australian Stock Market SPI futures 3rd October 2016

SPI Primary & Weekly Cycles

There is a breakout of the Weekly lows that can see price continue down into this week's lows 
Therefore any move down into 5277 needs to see price back above 5327. (Previous Report)

As we can see there was a push downward and a move back above Yearly 50% level @ 5327.

Expectation that the Australian Market will continue higher into 2017 using the Yearly 50% level and October 50% level as support.