S&P 500 Primary & Weekly Cycles
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.
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.
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 (Previous Report)
S&P is heading higher, but just didn't hit my entry zone that I was hoping for @2399
S&P is trending towards the 100% target in 2017 @2573
There are trailing support levels that can be used to get back into the trends as shown in both Charts.
