Weekly 50% level Trend guide.
SPI Monthly and Weekly
No late move towards the December highs, as the SPI failed to remain above the Weekly 50% level @ 4204.
Price action has gone from remaining stable & consolidating to WEAK, coming into the end of 2011, as price is now below the December 50% levels
And unless it's back above the Weekly 50% level @ 4181
2012 doesn't look like it's going to start well. (chart Below)
SPI Primary cycles
All trends originate from higher trimeframe 50% levels, and if it the current patterns follow the same expectation....
Then 2012 can move lower than the current 2011 lows
