S&P 500 E-mini Futures 1st April 2019 Monthly Report

S&P 500 E-mini Futures

S&P 500 looks to be moving towards the 2019 highs (2912) and as high as 2965 (resistance) (double top)

Monthly & Weekly low support in March and more than likely this trend is going to push higher at the start of April.

If the market reaches 2965 then I would like to think that the Markets will go into their Month of MAY weak periods, which will hopefully retest the Yearly 50% level or Blue Channel lows, which will be higher in MAY.

This will provide the ideal set-up for another move to the 2020 highs.

S&P 500 E-mini futures 3rd March 2019

S&P 500 Primary & Weekly cycles

Trend is going up into 2020-21

Short-term the trend is moving to the 2019 highs @ 2912

However, there could some short-term resistance around the Weekly highs and a revisit into the March /April 50% level before the market hits those 2019 highs in MAY