SPI Primary and Weekly Cycles
the Market is going higher into the end of 2017.
We can see resistance in the 2017 Primary highs earlier in MAY, but this secondary wave downward in Support levels is one of the lesser cycles that needed to play out (previous Report)
The Australian Market is lagging the S&P 500, and if you look at the S&P 500 Report you can see it has reached its 100% target for 2017.
The 2017 Yearly highs on the Australian Market can form resistance once again and as well as the case with every quarter this year (Blue Channel highs), but if it breaks out of those Quarterly highs look for a continued rally into 2018
This whole process is part of a multi-year rally from the 2016 lows, so I'm looking for more upside into 2018 and beyond.
BUY the DIPS
