The Australian Stock Market SPI Futures 2nd November 2013 Monthly Report

 Primary Cycles suggests the trend will continue higher towards the 2014 highs,

The Trailing support has moved upwards, as shown in October @ 5128

SPI Primary & Monthly cycles

Future support @ 5128 came into play in early October, as part of the Primary cycle trend towards the 2014 yearly highs.

The short-term cycle will complete around the November highs, as this is part of the 2-month trending pattern within this Quarterly cycle, as described in my books.

Australian Stock Market SPI Futures 1st October 2013

SPI Primary & Monthly cycles

Primary Cycles suggests the trend will continue higher towards the 2014 highs, but it didn't follow the orderly pattern I was looking for; a move down into September support @ 4937 and then a move upwards for the next 3-6 months.

The Trailing support has moved upwards, as shown in October @ 5128

The Trend should remain stable, as those Support zones hold, but long term support is 5006, if US markets move slightly lower towards the 4th Quarter BUY zone (READ US Report)

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

Australian Stock Market SPI Futures 3rd August 2013

SPI Primary & Monthly cycles

As noted in the previous Report, the Primary cycles has seen price close above 5069 on a Friday, swinging the cycle around to a BUY.

The previous BUY zone at 4796, has now been replace with 4921, which is seen as support for a continuation of the Primary cycles towards new highs in 2014.

Note:- Monthly cycles suggests the trend can continue up into August at 5153 before it reverses back down into 4921.

SPI Futures Australian Stock Market 14th July 2013

We can see 4600 attracted Buyers, and now the trend will be defined by the 3rd Quarterly 50% level 4796. If it pushes upwards, there is major resistance around 4945 during July.

 Note:- there are breakout patterns (DOWN) in the monthly cycles, therefore if it moves up into 4945, my view is that it will move back down to align with the 'future' monthly LOW BUY zone, as illustrated in my book ( Previous Weekly Report)

SPI Primary & Monthly Cycles

The SPI has moved upwards and stalled around 4945.

If it follows my previous view of rotating downward from 4945, then 4796 should form support, and the future monthly support zone should come into play in early September, as it dynamically moves upwards.

However, if the market follows the Primary cycle, the SPI can continue to rise into 5069, close above it on a 'Friday' and swing the cycle around. This will once again form a Support zone around September around 4796.

SPI Futures Australia Stock Market 29th June 2013

SPI Primary & Weekly cycles

As mentioned in the last report some weeks ago, the trend was heading down into 4600 and the BUY zone.

We can see 4600 attracted Buyers, and now the trend will be defined by the 3rd Quarterly 50% level  4796.

Either the trend makes its way down towards the Yearly 50% level....

or it's going to push up towards the 2013 yearly highs. If it pushes upwards, there is major resistance around 4945 during July.

Note:- there are breakout patterns (DOWN) in the monthly cycles, therefore if it moves up into 4945, my view is that it will move back down to align with the 'future' monthly LOW BUY zone, as illustrated in my book

SPI Futures Australian Stock Market 8th June 2013 Weekly Report

Primary & Monthly cycles

Primary cycles are weak with last week's close below 4899,  & now the BUY zone is around 4600...

However, US markets remain above Support (read S&P US Weekly Report)..

which could result in a swing upwards, or not, & a continuation down into 4600.

if it swings up, then around 5069 is your resistance-Sell zone.

And the next trend will be defined from the 3rd Quarter & 4818.