SPI Weekly Report 6th October 2007

Australian Market reeached the September highs and is now moving upwards into the October highs.



With the September highs disappearing this week, the market path is to continue higher into October.

Support was verified this week around the 3-day lows, and until the market remains supported then the view is to head upwards.

A break of the Weekly 50% level will be the first sign that the UP trend is open to risk but i'll come to that when it happens.