Australian Stock Market SPI Futures 1st September 2013

SPI Primary cycles & Monthly cycles

Primary cycles suggest the trend will continue higher into the 2014 Yearly highs, as part of the Dilernia Principle "break & extend pattern.

We can now see Future Support move upwards in September, and if the trend is going to continue higher, then I would expect a drift downward into this level and then push upwards over the next 3-6 months.

I could be wrong, but SUPPORT resides around 4921-54