Australian (ASX) Stock Market Forum

Trading The SPI - NON-Gann Techniques

good morning all,
today's road map
have a great day, and good trades
ac ;)
 

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Good Morning,

The SPI200 December 09 contract continued the previous session upside distributive break yesterday, triggering an initiating buy tail at 4682, that extended though the remainder of the session. A responsive sell tail rejected the advance at 4716. Overnight the market developed within this range low 4680s to 4716, and is now taking a balanced stance.

Key resistance is at 4716, then 4734 (the break level of the rotation lower on 1/10). A break of prior development low 4740/43 opens potential for rotation to prior development high 4769. Key support is at 4700/4698, and current development low 4682. A break of 4665/60, opens potential for a rotation to initially 4643, then 4620 and key prior development low 4601.


Have a good day.


Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
 
how the road map went and a little of sycom now..
if it breaks the 97...814 is next on rm..
ac ;)
 

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good morning all
today's road map
have a great day, and good trades
ac ;)
 

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Good Morning,

The SPI200 December 09 contract, continued the distributive move on the reopen yesterday, triggering an initiating buy tail at 4739, and extending to 4793. The market began to balance in the afternoon session developing in a range 4765 to 4793.

Overnight the market continued to develop, with a responsive buy tail rejecting a break lower at 4773, and the market rotated higher in the morning session.

The development action of the market yesterday afternoon and overnight indicates the market is finding balance and acceptance at the new levels. The responsive buy tail at 4773 indicated a rejection of the downside, and the market has yet to trigger a responsive sell tail rejection of the upside, indicating potential for further price acceptance to the upside.

A continuation higher sees key resistance at 4822/30 a prior point of control development low. A break of which opens resistance at 4870/77, multiple monthly development lows in 06, and 4917. To the downside, key support at the current point of control 4785, and 4773/69. A break of this previous development high opens potential for ration back to development low 4740/43, 4727 and 4700.

Resistance levels 4797, 4814, 4822, 4830, 4848, 4862, 4869, 4878, 4910, 4917
Support levels 4785, 4773, 4769, 4753, 4739, 4727, 4716, 4700.



Have a good day.



Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
 
eod road map for you to have a look at
have a great evening
ac ;)
 

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good morning all,
Monday's road map. this will be the last road map for the
week, as my home is getting new carpet, and the computers have to be taken down..
hopefully by next weekend i will be up and running again with road map
for the following Monday.
have a great weekend, and keep safe.
ac ;)
 

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good morning all,
Monday's road map. this will be the last road map for the
week, as my home is getting new carpet, and the computers have to be taken down..
hopefully by next weekend i will be up and running again with road map
for the following Monday.
have a great weekend, and keep safe.
ac ;)

Thank you acouch. Have you considered using the roadmap pattern for your carpet?
 
Good Morning,

The SPI200 Dec. 09 contract continued development, accepting the current range on Friday. A responsive sell tail at 4808 on the open rotated the market lower, where responsive buying rejected the downside at 4757, and the market developed 4757 to 4808 through the session. Overnight another responsive buy tail trigger at 4738 rotated the market higher back into the development through the remainder of the session.

Key resistance is at 4790, and 4822. A break of this level opens potential for an extension to 4834 and previous development lows 4870/78. Key support is at 4769, 4757, 4739 and 4700.

Resistance levels 4790, 4797, 4810, 4822, 4834, 4848, 4862, 4870/78, 4887, 4910/4918
Support levels 4777, 4769, 4757, 4739, 4727, 4716, 4700, 4691, 4683


Have a good day.




Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
 
Good Morning,

The SPI200 December 09 contract continued trading within the established development yesterday and overnight. Responsive sell tails rejected breaks above mid 4790’s and responsive buying rejected a break below key support level 4740. The market remains balanced, rotating within the development, now 4740 to high 4790’s.

The market overnight rotated off the previous session point of control 4757, and this indicates potential for a distributive break to the upside through the current development high. Key resistance is at 4782, 4797, 4822/30 prior development low, and 4870/77 multiple monthly development lows. A break of 4757 opens potential for a rotation back to 4740, 4727 and 4700.

Resistance levels 4782, 4794/97, 4810, 4822, 4834, 4848, 4682, 4870/77
Support levels 4777, 4769, 4757, 4740, 4727, 4716, 4700, 4691.


Have a good day.



Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
 
Good Morning,

The SPI200 December 09 continued to rotate within the establishing development yesterday. Responsive selling capped the attempted distributive break above development highs. In the overnight session an initiating buy tail at 4771, rejected a break lower and the market continued the rotation through the development.

Responsive selling capped the distributive break higher yesterday and overnight, although these where not rejecting responsive sell tails, indicating potential for further upside distributive breaks.

Key resistance is at 4785, 4797, 4822/30 prior development low, and 4870/77 multiple monthly development lows. Key support is at 4771. A break of 4757 opens potential for a rotation back to 4740, 4727 and 4700.

Resistance levels 4782, 4794/97, 4808, 4822, 4834, 4848, 4682, 4870/77
Support levels 4777, 4771, 4757, 4740, 4727, 4716, 4700, 4691.


Have a good day.



Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
 
Good Morning,

The SPI200 December contract broke out of the establishing development yesterday with a initiating buy tail trigger at 4814, extending through the session where a responsive sell tail at 4845 capped the advance. The market spent the session developing in the 4822 to 4845 range.

Overnight the distribution higher continued with development along the range. The close at session highs and lack of a rejecting responsive sell tail indicates potential for further distribution higher today and imbalance.

A continuation of the distribution opens resistance at 4926, prior development high and point of control 4958/4965 and 5014. A rotation lower opens key support at prior development lows 4878/69, 4845, 4822 and 4814.

Resistance levels 4886, 4902, 4910, 4918, 4948, 4958, 4965, 4971, 4978
Support levels 4878, 4869, 4862, 4845, 4836, 4822, 4814, 4808, 4794


Have a good day.




Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
 
Good Morning,

The SPI200 December 09 contract distribution higher met responsive selling on the reopen yesterday, rotating the market lower where development and balance dominated the session. Early in the overnight session, a responsive sell tail at 4878 rotated the market lower, to a responsive buy tail at 4836 that rejected the break rotating the market higher again.

The market yesterday and overnight featured development and rotation within this development. The late session move higher off the current point of control 4868 and break of the rejecting responsive tail at 4878 indicates bias towards the upside on the close.

Key resistance is at 4926, prior development high and point of control 4958/4965 and 5014. Rotations lower open key support at the current point of control 4869, 4836, 4822 and 4814.

Resistance levels 4902, 4910, 4918, 4948, 4958, 4965, 4971, 4978
Support levels 4878, 4869, 4862, 4845, 4836, 4822, 4814, 4808, 4794

Have a good day.


Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
 
good afternoon,

Monday's road map
have a great weekend and take care
ac ;)
 

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Good Morning,

The SPI200 December 09 contract continued to rotate within the establishing development on Friday, with the only key point to note a responsive sell tail at 4840 before rotating higher into the close. Overnight the rotation higher met responsive selling at the previous session point of control 4869, to then rotate lower to 4812, reject the break and rotate higher into the close.

The market broke to the current development following the initiating buy tail break at 4814 on 14/10, and the rotation off this level on Friday night indicates the market is continuing to accept prices in the current development now 4814 to 4897. A break of 4814 opens possibility for a distribution back to the prior development (early October) with key support 4786 and development low 4757.


Resistance levels 4849, 4862, 4869, 4878, 4886, 4902, 4910, 4918
Support levels 4836, 4822, 4814, 4808, 4797, 4782, 4777, 4768


Have a good day.

Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
 
good morning all.

today's road map
have a great day, and good trades
ac;)
 

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Good Morning,

The SPI200 December 09 contract distributed lower on the open yesterday into the previous development set in early October. Responsive buying rejected the break at 4773 and the market developed within a 4775 to 4812 range through remainder of the session.

Overnight the market triggered an initiating buy tail at 4812 extending the market back into the development of recent sessions. The double development to the upside overnight indicates bias for higher prices today.

Key resistance is at 4869/78, a break of which opens potential for a distribution to 4926 then 4958/65. Key support at 4836, 4814/12, and 4771

Resistance levels 4862, 4868, 4878, 4886, 4902, 4910, 4918, 4926
Support levels 4839, 4833, 4822, 4814, 4808, 4798, 4782, 4773, 4768, 4757


Have a good day.



Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
 
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