Australian Index (SPI Futures)
The Aussie market is currently consolidating around the Yearly 50% level @ 4295, and has been for the past 8 weeks.
I don't think the Market is going to begin a new trend upwards, whilst the S&P 500 is trying to move downwards (Read US market Report).
Next Week will depend on the price action that occurs in the S&P 500....
Either the SPI continues to trend down towards the July lows...
or remains range bound between the Weekly levels
