SPI Futures Australian Stock Market 8th June 2013 Weekly Report

Primary & Monthly cycles

Primary cycles are weak with last week's close below 4899,  & now the BUY zone is around 4600...

However, US markets remain above Support (read S&P US Weekly Report)..
which could result in a swing upwards, or not, & a continuation down into 4600.

if it swings up, then around 5069 is your resistance-Sell zone.

And the next trend will be defined from the 3rd Quarter & 4818.