S&P 500 Primary & Weekly Cycles.
We've seen TEXT book Primary cycle patterns play out precisely with the 2016 LOWS and now the market heading up towards the 2017 highs @ 2338.
2 patterns at play...
1. Early push up into 2300, forms resistance and then pushes downward
2. Move down into 2184 in the first 5-10days then continues up towards 2338 by APRIL, which would be a good time to get out of positions since the 2016 lows. (Previous Report)
We've seen the S&P move up to 2300 in January and it now looks like
the Market looks will push up towards the 2017 highs at 2338 in February.
Support zone for the next move upwards is 2254.
I
