SPI Futures Australian Market.
As noted in the previous report, The Australian market's target is the 2017 highs (5834) helped higher by the strength in the S&P 500 and DOW.
Whilst US markets are making new highs the Australian Market is dragging its feet, but at this stage I don't want to be buying the top of this market without seeing some pullback in the Quarterly cycle.
Therefore if US markets are going higher, our target based on past Primary Cycles is....
6351