S&P 500 Primary & Weekly Cycles
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.
Ideal support zone resides in the Monthly cycles (Yellow),
The market remains above the Yearly 50% level. Expectation US markets will continue higher (Previous Report)
If US markets are going to push higher for the rest of this quarter, instead of the usual weakness most people expect in MAY-June, then the monthly cycles in Yellow @ 2677 is our support zone
This also aligns with the Weekly lows & June 50% level @ 2688
Don't trade longs below 2677
