S&P 500 E-MINI FUTURES 4TH JANUARY 2020 MONTHLY REPORT


S&P 500 PRIMARY & WEEKLY CYCLES

There's an expectation that the Market will continue towards to 2020 highs.

This will complete the 4 year cycle from the 2016 double yearly lows

With the tensions between IRAN and the Trump administration, markets  could easily end back down into the 2020 50% level. (Confirmed with a breakout of the Weekly lows @ 3183

First target January 50% level @ 3115

Then 2976

However, most often that not, US markets continue to move higher in January.