S&P 500 E-mini Futures monthly report 7th March 2018

S&P 500 Primary & Weekly Cycles

a reversal Primary trend from a completion pattern (BREAK & EXTEND) can often go looking for it's 50% level, and that 50% level is a lot further down @ 2575 (Previous Report)

The US Markets full-filled it's Primary Cycle reversal into Support (Yearly 50% level).

I'm still bullish for a couple more years until about 2020/21, so we now begin to validate this reversal by using the Weekly lows as a target and support.

These lows will creep upwards over the next couple of weeks and if the market is going to go higher then we should see less volatility in the later half March and the start of April.

Ideal support zone resides in the Monthly cycles (Yellow), so April level is what we would like to keep an eye on.