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)