S&P Primary & Monthly cycles
Trend bias is to continue towards the 2014 highs...
The October 50% level support, as part of a 2-month wave pattern will complete around the November highs. This is a shorter pattern as part of the current 4th Quarter.
if price actually hit the 4th Quarterly support, then expectation would be a trend that would rise for the next 3-6 months.
Therefore around November highs is a random Resistance zone in the current cycle.
