and then the 3rd quarterly 50% level comes into play (Previous Weekly Report)
S&P 500 Monthly & Weekly Cycles
1354 acted as resistance and pushed the trend back down...
as it goes searching for the 3rd Quarterly 50% level @ 1300
That level from the first of July is critical as the trend is either going to rise upwards once again..
or not
Next Week's 50% level comes into play @ 1320
along with the high probability set-ups within the daily cycle range, as to whether that plays out
