SPI Monthly & Weekly cycles
The Australian Market continues to consolidate above the October highs @ 4477, with an overall trend bias towards 4800 by year's end...
Next week is simply defined by the Weekly 50% level @ 4486...
#1) it continues higher for the next 5-days towards the November highs
or
#2) moves down into the Weekly lows, which matches the November 50% levels
