SPI futures Australian stock Market 1st October 2011 Weekly

SPI Monthly and Weekly cycles

Next week's short-term trend guide is to continue down into the weekly lows.

Around 3800-3820, could form support and get to the market to swing back up towards the monthly 50% level in October (Weekly highs)

However, my view is that price will continue down into the October lows & 100% of the Yearly range @ 3690, and form a robust support zone for 2011