S&P 500 E-mini Futures 30th November 2015 Monthly Report

S&P 500 Primary & Weekly cycles

US Index markets look like they are well supported going into the end of the year and into the start of 2016.

Support:- 2000-2010, if there's early weakness in November. (Previous Report)

The S&P 500 moved down early in November, found support around 2000-2010, and now looks like it will try for a move up towards 2133 (Random Resistance)

S&P 500 E-mini Futures 1st November 2015

S&P Primary and Weekly cycles

I certainly wasn't expecting the S&P to move back above the October & 2015 50% level for the rest of the year.

I was expecting the break and extend pattern to play out using those same two levels as resistance and for the trend to continue down into the Yearly lows.

US Index markets look like they are well supported going into the end of the year and into the start of 2016.

Support:- 2000-2010, if there's early weakness in November.

Resistance 2133-42 (Random starting with 14 points)

S&P 500 E-mini Futures 4th October 2015

S&P 500 Primary & Weekly cycles

Therefore SHORT selling zones reside around 2027

I'd be reluctant to trade on the long side, even if it's above 1960, and look for short-trading opportunities using the 5-day patterns resistance zones, as clearly described in my book:- Market Trading Market Timing 'TIME PRICE SUPPORT RESISTANCE'  (Previous Report)

The S&P 500 didn't reach 2027, as hoped for, as part of retesting the breakout, however as noted in the previous report, I'd be reluctant to be trading on the long side and focus on short-trading using 5-day patterns (5-day cycles and resistance zones)

At this stage the 2015 50% level and 1969 is seen as resistance, with the expectation there's a continuation downward towards 1777 during the 4th Quarter and into 2016.

S&P 500 E-mini Futures 12th September 2015 Monthly Report

S&P 500 Primary Cycles.

As noted in the previous report, BEAR Patterns are appearing in markets right around the globe. What that means is that there is further weakness to come.

There are two plays coming into the end of the 3rd Quarter and the start of the 4th Quarter in October.

1. Short term buying and a retest of the August break out at 2027, which sets-up a perfect SHORT zone for the rest of 2015

2. the sell off continues from October and follows the break & extend pattern down to the 2015 lows @ 1777 and into the start of following Primary cycle low in 2016.

Therefore SHORT selling zones reside around 2027 & 17082 in the DOW....

I'd be reluctant to trade on the long side, even if it's above 1960, and look for short-trading opportunities using the 5-day patterns resistance zones, as clearly described in my book:- Market Trading Market Timing 'TIME PRICE SUPPORT RESISTANCE'

S&P 500 E-mini Futures 24th August 2015

S&P 500 Primary & Weekly Cycles

Last Thursday's breakout of the Weekly lows @2054 has help set-up a break and extend pattern towards this week's lows @ 1921.

It has also seen the S&P 500 move back into the 2015 50% level after reaching the top @2133.

If we look at the 2015 50% @ 1958, this level it can form a support zone but ideally only after the market hits those weekly lows, as it will complete the break & extend pattern.

However, any buying above 1958 and the August break @ 2027 is seen as a major resistance zone that can last into the end of the year.

Note:- Bear patterns are appearing in other markets

S&P 500 E-Minis 2nd August 2015 Monthly Report

S&P 500 Primary Cycles

We should see the trend move down into the July lows.....

From there on it gets interesting, as price will need to bounce, break the 5-day highs, and then the August level (Yellow) will define whether global markets rise upwards into the end of the year. (Previous Report)

The S&P didn't move as low as the July lows, but formed support in the 2nd half of the month above 2058. (Yellow)

As noted in the previous report, the August level at 2085 (Yellow) will now define whether the trend makes move back towards the highs @2133) and more...

S&P 500 E-minis Futures 4th July 2015 Monthly Reports

S&P Primary & Weekly Cycles

I would prefer to now look for a 2-month wave pattern heading down into June lows & then towards the July lows (Previous Monthly Report)

Greek debt default has spooked the markets, but in my opinion it was always heading downward. 

We can see in the Weekly cycles that the Weekly lows are guiding the market downward and we should see the trend move down into the July lows.

From there on it gets interesting, as price will need to bounce, break the 5-day highs, and then the August level (Yellow) will define whether global markets rise upwards into the end of the year.

Otherwise, we could see Index markets spooked for the rest of the year as Greece is kicked out of the Euro Zone, and the S&P makes it's way down towards the 2015 50% level by the end of the 4th Quarter.

S&P 500 E-mini Futures 8th June 2015 Monthly Report

S&P 500 Primary & Weekly Cycles

It's too early to tell whether to be shorting 2133 other than 14 points, as you will need to look for patterns within the 5-day range using as resistance:- 5-day 50% level and 5-day low breakouts. (Previous Report 4 MAY 2015)

 Shorting 2133 provided the initial Short trade of 14 points, but it was using the 5-day 50%  level as resistance once the 5-day lows broke.

After reaching the 2015 highs and MAY highs @ 2133 thus completing the Break & Extend pattern from the 2014 highs, the question remains is there a larger reversal pattern now taking place?

If we look at Friday's close below the June 50% level, there the bias is to continue down into 2065 (Yellow)

The big difference between 2065 and all other support zones shown in the previous months, is that, those support zones were part of a larger pattern within the Primary Cycles :- break and extend pattern from 2014 highs into the 2015 highs.

2065 isn't part of the pattern any more, so there's far more risk buying it in the current month.

Page 34 of Market Trading Market Timing...

Use Sequential ordering of pattern formations

1. Apply the trend identification Model

2. Identify Support,Resistance, & Trends

3. Identify the change of Support & Resistance with the use of TIME

4. Forewarn & Foretell the likely events in the future using Principle SET-UPS

Principle Set-up:- I would prefer to now look for a 2-month wave pattern heading down into June lows 2023 & then towards the July lows (3rd Quarter)

S&P 500 E-mini Futures 25th MAY 2015

                                                          S&P 500 Primary cycles

 As we’ve seen the S&P has completed the move into 2133 and stalled 14 points.

As noted in the previous report, unless there’s a breakout of the 5-day lows, it is too early to tell whether the trend will reverse and continue lower (now a tight 5-day range)

Above 2133, and it’s following the secondary timeframes towards the June highs (Random resistance 14 points) & as high 2175 (Robust resistance)

S&P 500 E-mini Futures 4th MAY 2015 Monthly Report

As we can see in... the trailing support (Yellow) provides the ideal zone to enter the market, and if the trend is going to continue higher then the APRIL level becomes the zone to keep an eye on. (Read Previous Report)

S&P 500 Primary & Weekly cycles 

As we can see, the S&P rose upwards right on the start of April using the Weekly timeframe @ 2039)

The trend bias is for the S&P to continue upwards and complete the first target @ 2133 (2015 Yearly highs).

Weekly 50% level is the trend guide @ 2095.50

It's too early to tell whether to be shorting 2133 other than 14 points, as you will need to look for patterns within the 5-day range using as resistance:- 5-day 50% level and 5-day low breakouts. (Discussed in detail in book)

Therefore in the month of MAY there are 3 resistance zones:- 2133, 2155, and major resistance @ 2177

S&P 500 E-mini Futures 30th March 2015 Report

S&P Primary Cycles

Is there more upside in the S&P 500?

The current price action in the Primary cycles suggests that the trend should continue higher, as part of the 2014 yearly breakout and extend towards the 2015 highs.

As we can see in the above chart, the trailing support (Yellow) provides the ideal zone to enter the market, and if the trend is going to continue higher then the APRIL level becomes the zone to keep an eye on.

That level will be confirmed after this week completes and we move on the other side of Easter.

Therefore if there's continued weakness this week, then 2009 is the BUY zone, and then April comes into play next week.

(Read Australian Market Report)

S&P 500 E-mini DOW Futures 2nd March 2015 Monthly Reports

S&P 500 Primary & Weekly cycles

As mentioned in the previous reports, the trend bias is to continue towards the 2015 highs.

There's a Primary breakout in 2014 therefore there's an expectation that the break & extend pattern will continue towards 2133 :- Random resistance around the February highs. (2133-36)

Any weakness in the Short-term and the Weekly 50% level is seen as support until those highs are reached.

Areas of resistance:- 14 points +   

2133-36  /  2157  /   2178  

DOW Primary & Weekly cycles

Primary cycle 50% levels continue to drive the DOW higher, as part of the Primary pattern of Break & extend.

Areas of resistance :- 18448  /   18561  /   18770

S&P 500 E-mini Futures 9th February 2015

S&P 500 Primary & Weekly cycles

At the moment the Primary cycles continue to suggest a move towards the 2015 highs, with random resistance around 2091 that could act resistance for the next 2 months (1st Quater)

S&P 500 E-mini Futures 28 January 2015 Primary cycles

S&P 500 Primary & Weekly cycles

The S&P trading back above 1970 the bias is to remain up and follow another break and extend pattern towards the 2015 highs: January 50% level is the Support (Previous Report)

Primary Cycles suggests the S&P 500 is going to continue higher, as part of the 2014 breakout towards the 2015 highs, and as we pointed out the January 50% level was the support level and as we can see it has supported the market.

We are now coming into the end of the month and if the S&P 500 is going to continue higher, then the February 50% level (Next Week) is going to be the trend guide upwards.

Even though we can think of some many reasons why the Stock Market can reverse and move lower, technically there is nothing that suggests it will at this stage. (unless it's below the February 50% level)

READ GOLD & SILVER REPORTS

S&P E-mini Futures 1st January 2015 Primary report

S&P Primary cycles

As mentioned in the previous report, with the S&P trading back above 1970 the bias is to remain up and follow another break and extend pattern towards the 2015 highs.

Targets at 2133 (2015 highs), and potentially as high as 2177.

Once it reaches those highs we've basically trended upwards from the 2009 lows for nearly 6 years  without a major pullback, and a large number of well-known punters (ie George Soros) are already taking out large PUT option orders with the expectation that US markets will reverse.

However, as the US FED continues to print and pump money into the markets, then the bias is to continue to push upwards.

S&P Primary & Weekly cycles.

Short-term trend is defined by the Weekly 50% level @ 2032.

Whilst the January 50% level is the support zone in the current Quarter.