S&P 500 E-mini Futures 6th November 2016 Monthly Report

S&P 500 Primary & Weekly Cycles


The only concern would be if price dips and finds support around 2109 but the next 5-days the market moves sideways. if that happens then there could be some weakness in the week of the 10th October. (Previous Report)

We've seen weakness from the 10th October but nothing that's of concern at the moment, as we go into the US election.

The overall trend is to continue up into 2017 highs no matter who wins, but in the short-term trade on the side of the November level @ 2085.

Note:- Weekly cycle breakout suggests a potential dip down into 2057, but I'm still bullish going into the end of the year.