S&P 500 PRIMARY & WEEKLY CYCLES
I STILL CONTINUE TO BE BULLISH ON US MARKETS UNTIL 2020.
THE WEEKLY LOWS AND JULY 50% LEVELS ARE SUPPORT, IF THERE'S EARLY WEAKNESS NEXT WEEK, FOR ANOTHER PUSH HIGHER
HOWEVER...
KEEP AN EYE ON AUSTRALIAN FUTURES AROUND 6775 THAT MAY CORRESPOND WITH THE JULY HIGHS IN THE S&P 500
THERE MAY BE TOPS IN THE MARKET AROUND THESE HIGHS.
LOOK FOR SHORT-TERM 5-DAY SET-UPS TO VERIFY TRADES ON THE DOWNSIDE (IT'S ALL IN THE BOOK)
DOWNSIDE TARGET IS WEEKLY LOWS AND THEN, AS FAR AS SUPPORT LEVELS AT 2798-2767
