Australian Stock Market - SPI Future 28th April 2019 Monthly Report

SPI Futures Primary & Weekly cycles

The Market hit resistance @6262 and retested the Weekly lows.

I think it's going to move higher once again in the short-term. (Previous Report)

The expectation is that the Markets are going higher into 2020 and as high at 6775 in 2019

However, I would think it would look to top out anywhere between 6465 & MAY highs and revisit the 3rd Quarter 50% level, with hopefully selling is the 2nd half of MAY

If that happens, then I would look for the next move higher, later in the year