The Australian Stock Market 16th February 2013

SPI Monthly & Weekly cycles

Trading around the February highs, but without reversing down into trailing support.

I still expect that to happen, as shown below.....

SPI Primary cycles

With the market now trading above the 2013 Yearly highs, the upward trend can now for the next 2-years... 

My ideal pattern for capturing that potential trend remains for it to quickly move down into trailing cycle Support (White), and then follow with the continued breakout pattern...

Support 4662/79