November 04, 2011 6:39:27 AM by
Peter
ASX 200 SPI CFD Trading - Elliott Wave Chart
SPI 15 Minute Chart - Elliott Wave Count - SPI CFD Trading

December 23, 2011 5:25:15 AM by
Peter
Index Trading SPI / ASX200 Technical Analysis & Day Trading
Code: SPI CFD / ASX200 XJO
Date: 23 December
Chart: 4 Hour Chart
when the price is above the 4200 MinorLevel Pivot the weight and balance line in the next higher degree of pattern e.g. The larger triangle pattern the price will travel more freely. There is supply / resistance at SG2 {4165|4172|4180} and the 4200 (mTL2)
The next step up is finding support on the Midpoint 4150 this is essential support, you need a a retest pattern checking for support on this price before adding to longs or moving in long. The Support in the market is back in SG1 {4130|4120|4110} stops technically should be at 4117 and if you trading the Impulse wave, i.e. the trend. Then you can’t move stops until the Midpoint 4150 is secured as support. Navigating through SG2 is going to be tricky as the supply is thick and the Xmas volume is light.
EarlyBird Report Comments:
SPI CFDs 4141
Technical Analysis
TradingLevels: Build long trades above 4100
Elliott Wave: Wave (iii) up
Day Trading Strategies: Build a long trade off the sublevels.
