Australian Stock Market 29th March 2013

SPI Monthly & Weekly cycles

"As illustrated in previous Weekly reports, the Monthly support levels (RED) often provide a robust entry level during current Quarterly cycle & up into new highs in forward Quarterly highs:- 3-6 month trend Current Support resides around 4864"

New Quarter and Support now resides @ 4904...

And if you believe the trend is going to continue higher, then #A is the pattern will confirm it, helped by a 5-day high breakout the week after next.