S&P 500 E-mini Futures 5th December 2016

Primary & Weekly Cycles

 I continue to be bullish no matter who wins the Election on Tuesday, which is part of the 2016 lows and expectation the trend is heading towards the 2017 highs.

Therefore the November lows and the 4th Quarter level is seen as a major trend guide and support level for 2016 @ 5171 & the November lows @ 5128 (previous Report)

                                   Market heading up into the 2017 highs. We can see the trailing support levels in Yellow if there's any short-term weakness in December, which it might. However it could continue to trend all the way up to 2293