The Trend bias on the Aussie stock market is to continue to trend towards 4800+
SPI Monthly and Weekly cycles
The SPI continues to trade above the key level @ 4389, however
it continues to butt its head against the random resistance levels in September.
Those levels will shift higher in October, allowing the market to move more freely upwards.
There are two patterns at play....
#1) remains above 4389 and continues up in the last week of the 3rd Quarter towards new highs in October
#2) US markets begin next week with a 2-day reversal pattern, which drags the SPI lower,
and instead of moving upwards the market goes looking for lower monthly support levels in the early part of October
