S&P 500 E-mini Futures Report 4th September 2017

S&P 500 Primary and Weekly Cycles

S&P is heading higher, but just didn't hit my entry zone that I was hoping for @2399

S&P is trending towards the 100% target in 2017 @2573

There are trailing support levels that can be used to get back into the trends as shown in both Charts.  (Previous Report)


The S&P moved down into support levels as Hurricane Harvey put pressure on the stock Market.

My view is that the S&P will continue to move higher, but that can come unstuck if things 'blowup' with |North Korea



S&P 500 E-mini futures Monthly report August 2017

S&P 500 Primary & Weekly Cycles

Primary highs suggest there's is more upside in 2017/2018, and that's been my view for awhile.

However we would like to see some form of weakness to get back into the markets to capture more upside in the remaining 6 months of the year.

If the S&P 500 is going higher for the rest of the year, then the July 50% level needs to hold strong along with our trailing support level in yellow @2399 (Previous Report)

S&P is heading higher, but just didn't hit my entry zone that I was hoping for @2399

S&P is trending towards the 100% target in 2017 @2573

There are trailing support levels that can be used to get back into the trends as shown in both Charts.

S&P 500 E-mini Futures Monthly Report 2nd July 2017

S&P 500 Primary & Weekly cycles

When we look at the patterns in the Market, we can see breakout of the Primary highs suggest there's is more upside in 2017/2018, and that's been my view for awhile.

However we would like to see some form of weakness to get back into the markets to capture more upside in the remaining 6 months of the year. (Previous Report)

June highs forming resistance but still above the Yearly highs.

If the S&P 500 is going higher for the rest of the year, then the July 50% level needs to hold strong along with our trailing support level in yellow @2399

S&P 500 Report E-mini futures June 2017

S&P 500 Primary & Weekly cycles

The $64 dollar question is, if Donald Trump did decide to continue on with the Paris Agreement would have markets in the US reacted the same way?

US markets continue to trend higher without their usual MAY- JUNE double bottom dip. There was some weakness early but the trailing support levels in the Primary cycles held strong.

When we look at the patterns in the Market, we can see breakout of the Primary highs suggest there's is more upside in 2017/2018, and that's been my view for awhile.

However we would like to see some form of weakness to get back into the markets to capture more upside in the remaining 6 months of the year.

June highs may provide that resistance but that will be confirmed with a breakout of the 5-day lows in the week after next.

S&P 500 Emini futures 1st May 2017 Monthly report

S&P 500 Primary and Weekly cycles

We've seen the S&P continue higher but it looks like its stuck between the narrow band in the Primary levels.

Even though I still have the view the Markets are going higher in 2017 and by the look of it heading upwards early next week, be aware that the Month of May can see selling hit the markets down into the traling channels @ 2264/94

S&P 500 E-mini Futures 1st April 2017

S&P 500 Primary and Weekly Cycles

The 2017 highs at 2238 & Weekly lows form support and the market continues up for the rest of the year.
I think there is more in this market for 2017, so we are looking to BUY the dips using the monthly trailing support levels, with a LONG term target in 2017 towards 2573. (previous report)

If we subscribe to the Market going higher, then look for the 2017 Primary highs at 2338 as support, and simply trade on the side of this for this month.

Trailing support at 2320 and the month of April (Yellow)

S&P 500 E-mini Futures 3rd March 2017 Monthly Report

S&P 500 E-mini Primary & Weekly Cycles

 We've seen the S&P move up to 2300 in January and it now looks like
the Market looks will push up towards the 2017 highs at 2338 in February. (previous report)
  Ever since the market hit the 2016 lows the trend was always headed up to the 2017 highs, and nothing was going to stop it.
This was confirmed with last year's breakout of the 2016 highs (break & extend pattern)

We have now reached those highs, so where too now?

The important pattern in the last week of February was the breakout of the 2017 highs matched with the monthly breakout, which suggests in the short term price is heading up to 2423/31

Now the pundits are hailing this rally as 'the Donald rally' but it was always going to head to these levels even if Hillary had got in, but the difference between the Donald and Hillary is the corporate TAX cuts which will drive the market higher.

therefore pattern of interest is....

The 2017 highs at 2238 & Weekly lows form support and the market continues up for the rest of the year.

I think there is more in this market for 2017, so we are looking to BUY the dips using the monthly trailing support levels, with a LONG term target in 2017 towards 2573.

Note:- if for some reason the market continues to rally in the month of March and reaches 2573 do not touch the market until 2018.