Australian Stock Market Report - Spi Futures 1st May 2021

 

SPI Primary & Weekly Cycles

Target remains the 2021 highs  at 7407+, whether it's going to reach that level in MAY is another story.

There's a breakout of the April highs, so I'd expect a push up in early MAY towards 7227

After that will depend on price action in the US markets 
(read S&P 500 Report)