SPI CFD 4285 TradingLevels: Generally speaking, the price above 4300 is bias long, under 4272 SG2 as retested resistance bias short Elliott Wave: Still considering the pattern at 4300 bullish corrective and should find support back above 4300 and move higher. That said if the last low is taken out 4260 then either a larger correction is unfolding that would take the price back closer to 4000 or the bear market is resuming. So basically its important for the bullish positive picture for the price to stay above the last low, even the SG2 4272 Trading Strategy: Bias long above 4300 and short below 4272 as resistance 11:30am AUD Unemployment Rate 5.2% 5.2%
Code: SPI CFD / ASX200 XJO Date: 12 December Chart: 1 hour Chart Expecting new high, but expect a struggle from 4272 - 4333 EarlyBird Report Comments: SPI CFD 4255 TradingLevels: The price will attempt to get back above 4300 the top of Minor Group1 Elliott Wave: Same as the other indices, looking for five waves up from the last low 4165 technically a move above 4350 Trading Strategy: Trade the sublevels looking for support on SG2 4230 then 4250 the resistance is 4272 and the beginning of supply News: 11:30am AU Trade Balance
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