AUSTRALIAN STOCK MARKET 1st July 2018 Monthly Report

SPI Primary & Weekly Cycles

Still Bullish on the markets until 2020-21, even though there is so much negative news around, i/e Trump's tariffs etc

TArget in 2018 - 6437

If it's going hit those highs, it will need to form support above the 2018 highs @ 6155

However, past  Primary cycles has seen resistance around the .618 of the range @ 6223

Support
Weekly Lows and July 50% level (don't trade longs below) @ 6008