SPI Monthly and WeeklyBased on market dynamics and where my view of US markets are going into 2010 (read US report).... I favour the SPI (Aussie Market) still following SET-UP B.
SET-UP B:- retests the 3-month 50% level in the 2nd quarter and then continues up towards 5190
In the Short-term with the price acton in the DOW, I would favour a rotation back towards the Weekly 50% level, but the SPI could remain above the Weekly 50% level until the end of the Quarter. (March)
