Australian Stock Market - SPI futures - 4th January 2022

 

SPI Primary & Weekly Cycles


Australian market will closely follow the S&P 500.

There's a each way play at the start of the new Year.

1.  pumps to the 2022 highs and reverses down

2.  sells down into the 2022 50% level at 7118, stablises and then moves upwards and reaches the 2022 highs in late March or April/May