Australian (ASX) Stock Market Forum

Trading The SPI - NON-Gann Techniques

Good Morning,

The SPI200 March 10 contract made a distributive break higher in the opening phase yesterday, commencing development in a 4556 to 4575 range until a late session rotation lower to close 4535.

In the overnight session the market rotated higher again initially to 4572 and rotation, followed by an initiating buy tail at 4588 that has extended the distribution to close 4596.

The market has closed in the midst of the initiating buy tail and distributing higher.

Key resistance is at 4616, a break opens potential for a rotation into the previous 4616 to 4652 development with key levels at 4635 and 4648.

Key support is at 4589, a break opens potential for a rotation to 4573, and key levels follow at 4652 and 4534.

Resistance: 4599, 4607, 4617, 4622, 4632, 4644, 4652, 4656, 4662
Support: 4594/89, 4581, 4573, 4568, 4562, 4556, 4553, 4546, 4541


Value Area Levels (Source Bloomberg)
Previous SYCOM and Day Session 4526 to 4563
Overnight Session Closed 4551 to 4579

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,

The SPI200 March 10 contract continued the distribution higher yesterday triggering an initiating buy tail at 4618, extending the market to a late session rejecting responsive sell tail at 4646 to close 4638.

In the overnight session a responsive buy tail at 4634, rotated the market higher to 4671 midsession. The market rotated off the 4671 session high and commenced development and price acceptance into the close.

The market has returned to a development phase (price acceptance) this morning following the distributive break higher.

Key resistance is at 4652, and 4676, a break at 4676 opens potential for a rotation to 4700.

Key support is at 4646, a break opens potential for a rotation to 4616, with key level at 4632. Key support follows at 4694/89.

Resistance: 4652, 4660, 4670, 4676, 4682, 4688, 4694, 4700, 4711, 4716
Support: 4646/44, 4632, 4622, 4616, 4607, 4599, 4594, 4589, 4881


Value Area Levels (Source Bloomberg)
Previous SYCOM and Day Session 4556 to 4621
Overnight Session Closed 4644 to 4662


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

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morning all

Monday's road map similar to yesterdays
have a great weekend and take care
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 March 10 contract made a distributive break higher in the opening phase yesterday, extending midsession to 4698, and development commenced in a 4684 to 4698 range. An initiating buy tail commenced in the closing phase at 4700.

The market continued the extension higher in the opening phase of the night session to 4716 and rotated lower. A rejecting responsive buy tail at the prior session point of control 4690, rotated the market higher to a rejecting responsive sell tail at 4717, to close 4699.

The market broke to a distribution higher yesterday and overnight. The market has returned to a development phase overnight accepting prices in the new range. The rejecting responsive sell tail at 4717 has temporarily capped the distributive break higher.

Key resistance is at 4700, and 4717. A break at 4717 opens potential for a resumption of the distributive break higher.

Key support is at 4690, a break opens potential for a rotation to 4682/76.

Resistance: 4700, 4711, 4716, 4722, 4737/39, 4746, 4756, 4762, 4771
Support: 4694, 4688, 4682, 4676, 4670, 4660, 4652, 4646/44, 4634


Value Area Levels (Source Bloomberg)
Previous SYCOM and Day Session 4620 to 4684
Overnight Session Closed 4697 to 4712

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

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Good Morning,


The SPI200 March 10 contract rotated lower off the opening phase yesterday, extending lower into the development set on the 18/2, 19/2 and 22/2.

In the overnight session the market continued the rotation lower to a rejecting responsive buy tail at 4622 that rotated the market higher extending to a responsive sell tail at 4669, to close 4664.

The market has returned to a development phase, following the distribution lower yesterday and overnight.

Key resistance is at 4676, a break opens potential for a rotation to 4700. Key resistance follows at 4717 and 4737/39.

Key support is at 4656/52, a break opens potential for a rotation to 4616, with key level at 4640/37, and 4622.

Resistance: 4670, 4676, 4682, 4688, 4694, 4700, 4711, 4717, 4722, 4737/39
Support: 4660, 4656, 4652, 4646, 4640/37, 4634, 4622, 4616, 4607, 4599, 4594/89


Value Area Levels (Source Bloomberg)
Previous SYCOM and Day Session 4647 to 4710
Overnight Session Closed 4631 to 4657

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

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Good Morning,

The SPI200 March 10 contract returned to a development phase Friday night following distributions lower in the Thursday night and Friday session.

On Friday night the market initially traded higher to a responsive sell tail at 4633. The market rotated lower off this sell tail through the session range to an early morning rejecting responsive buy tail at 4597, and closing at 4619.

Key resistance is at the current point of control 4622. A break opens potential for a rotation to 4633 initially, and following on 4652 and 4676.

Key support is at 4599, a break opens potential for a rotation to 4573 initially, and following on 4557, and 4534.

Resistance: 4622, 4637, 4646, 4652, 4656, 4660, 4670, 4676, 4682, 4688
Support: 4616, 4607, 4599, 4594/89, 4581, 4573, 4568, 4562, 4557, 4553


Value Area Levels (Source Bloomberg)
Previous SYCOM and Day Session 4549 to 4606
Overnight Session Closed 4607 to 4627


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.
 
Could anyone confirm if this is an accurate chart of the SPI futures contract please (as of 3pm 1st March, 5min chart)


Thanks!
 

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Could anyone confirm if this is an accurate chart of the SPI futures contract please (as of 3pm 1st March, 5min chart)


Thanks!

Looks about right for today. Though it seems to be missing some overnight data from 12:00 am sat till 8;00 am close
 
good morning all
today's road map
have a great day, and good trades
ac ;)
 

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morning all
road map a little early
have a great day, and good trades
ac ;)
 

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