Australian Stock Market SPI Futures 4th February 2019

SPI Primay & Weekly Cycles

Read the previous report to get a better understanding of the current price action.

As mentioned last month, this now has the feel of the same pattern as 2011.

Weekly lows & 2019 50% level is Support

Random resistance around 6051 in this Quarter

Support in 2nd Quarter 2019 50% level for a move upwards into 2020