S&P 500 E-mini Primary & Weekly Cycles
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) previous report
We've seen resistance around the July highs and then a 5-day low breakout, that corresponded with a breakout of the Weekly lows and now down into the August 50% level.
Random support around 2888
SUPPORT 2747
