Australian (ASX) Stock Market Forum

Trading The SPI - NON-Gann Techniques

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 traded higher on the open yesterday, rotating off key resistance at 4769 to trade a balanced session. Balance and development continued overnight with rotation off key support at 4814/12.

The market continues development within the 4814/12 to 4869 range. A break of key support 4814/12 opens potential for a distribution to initially 4786, 4772 then 4757. Initial resistance is at the current point of control 4832, current development high 4869, 4878, 4926 and 4958/65.

Resistance levels 4832, 4839, 4862, 4869, 4878, 4886, 4902, 4910
Support levels 4822, 4814, 4808, 4794, 4786, 4782, 4777, 4768, 4757, 4740

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
a:couch
 

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Good Morning,

The SPI200 December 09 contract has continued to rotate within the 4812/14 to 4869 development yesterday and overnight, with rejecting responsive sell tail at 4871 and a responsive buy tail rejection at 4812.

With the close this morning at the development low 4812 the question begs will the market again rotate off this low or make a new distributive break lower?

A break of key support 4814/12 opens potential for a distribution to initially 4786, 4772 then 4757. Initial resistance is at the current point of control 4832, 4851, current development high 4869, 4878, 4926 and 4958/65.

Resistance levels 4822, 4832, 4839, 4851, 4862, 4869, 4878, 4886, 4902, 4910
Support levels 4812, 4808, 4794, 4786, 4782, 4777, 4768, 4757, 4740

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.
 
Acouch, I'm completely at a loss as to what the 'road map' is telling me? Care to elaborate?

ok looks like the site is back up and working now..

the red line = lis, denotes the trend
above you are long, below you are short..
unless scalping
all nos are strong nos as they all stem from the lis..
hope this is of some help
ac :)
 
ok these are the charts of road map i want to post this morning..
first one is the road map after its 24 hrs stint, the other
is today's road map
have a great day, and good trades
ac ;)
 

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evening all
talk about range trading..
what a move this will be when it breaks out
ac;)
 

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good afternoon all
Mondays road map
have a great weekend and take care
ac;)
:couch
 

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Good Morning,

The SPI200 December 09 contract continued to distribute higher Friday morning to session high 4875. Responsive selling capped the advance rotating the market lower through the course of the session.

The market rotated off 4852 on the open Friday night to develop back inside the previous session range, to a high of 4877, before rotating lower again triggering an initiating sell tail at 4852 and distributing lower to key support 4814. Development featured through morning session.

The market remains in the 4812 to 4869 development of previous sessions. A break of development low 4814/12 opens potential for a distribution to initially 4786, 4772 then 4757. Initial resistance is at 4832, then key resistance at 4852, development high 4869, 4878 and 4926.

Resistance levels 4932, 4839, 4852, 4865, 4869, 4878, 4886, 4902, 4910
Support levels 4822, 4812, 4808, 4794, 4786, 4782, 4777, 4768

Value Area Levels (Source Bloomberg)
Previous SYCOM and Day Session 4808 to 4860
Overnight Session 4826 to 4864


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.
 
morning all,
today's road map
have a great day, and good trades
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 rejected a rotation higher yesterday triggering a responsive sell tail at 4794, and initially distributing to 4765, with some development. A late session distribution off the 4779 point of control took the market on a deeper distribution to session lows 4750.

Responsive selling capped another rotation higher through the first half of the night session, that rotated the market lower, triggering an initiating sell tail at 4757 extending the distribution to 4734, where a responsive buy tail broke the extension and the market developed in a 4728 to 4757 range into the close.

Distribution lower and imbalance have been the feature of the market in recent sessions. The responsive buy tail and development late in the overnight session, indicates the market has temporarily rejected a continuation of the distribution lower into the close.

Initial support is at prior development low 4740. A continuation of the distribution opens key support at 4728, 4700, prior development low 4682 and 4665/60. Initial resistance is at 4757, 4779, 4794 and prior development low 4812.

Resistance levels 4757, 4765, 4771, 4779, 4786, 4794, 4812, 4818, 4827
Support levels 4743/40, 4734, 4728, 4716, 4700, 4691, 4680, 4665/60, 4643, 4620

Value Area Levels (Source Bloomberg)
Previous SYCOM and Day Session 4777 to 4845
Overnight Session 4746 to 4775.

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 continued the distribution lower off the open yesterday, triggering another initial sell tail at 4745 and extending lower through the session. The overnight session saw further distribution and imbalance triggering another initial sell tail at 4683.

The market continues to distribute lower and remains imbalanced.

Initial support is at 4597, with key support is at prior development high 4583, 4560 and 4538. Key resistance is at 4643, 4652, and 4683.

Resistance levels 4620, 4643, 4652, 4660/65, 4683, 4691, 4700
Support levels 4601, 4597, 4589, 4583, 4577, 4562/58, 4547, 4538, 4529

Value Area Levels (Source Bloomberg)
Previous SYCOM and Day Session 4716 to 4772
Overnight Session 4628 to 4676.

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.
 
evening all
today's road map with a little bit of sycom on it
have a great evening
ac;)
 

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