SPI Futures Primary & Monthly cycles
I've been bearish on the Aussie market ever since the SPI Futures hit 6005, and looking at the Monthly cycles the current trend suggests there is a downward 2-month wave pattern towards the June lows, and as far as the July lows. (3rd Quarter)
This aligns with the market dropping towards the BUY zone within the Primary cycles.
The interesting pattern appearing now is happening in US markets (Read the S&P 500 Report)
Even though the BUY zone @ 5484 appears in the Primary cycle, it's the trend within the Monthly cycles that help define the timing of the trade. (READ BOOK)
