S&P 500 Primary & Weekly cycles
When we look at the patterns in the Market, we can see breakout of the Primary highs suggest there's is more upside in 2017/2018, and that's been my view for awhile.
However we would like to see some form of weakness to get back into the markets to capture more upside in the remaining 6 months of the year. (Previous Report)
However we would like to see some form of weakness to get back into the markets to capture more upside in the remaining 6 months of the year. (Previous Report)
June highs forming resistance but still above the Yearly highs.
If the S&P 500 is going higher for the rest of the year, then the July 50% level needs to hold strong along with our trailing support level in yellow @2399
