and I would then look for a counter-trend move up towards the June 50% level over the coming weeks..(Resistance)
SPI Monthly and Weekly cycles
The Aussie market didn't precisely hit the Support levels in June, as the market rose on the back of
US markets hitting their own June lows and rising upwards.
Weekly 50% level is the trend guide next week for gains up into the June 50% level.
I still have the view that the June 50% level and 2nd Quarterly 50% level will act as resistance until July (3rd Quarter)
