S&P 500 E-mini Futures Primary & Weekly Cycles
We're in a 2 year BEAR market, that often sees extensions towards the 100% range at 2160 (previous Reports)
Didn't reach resistance levels from the March low breakout at 2745, but the Market is heading down into 2160.
It shouldn't spend too much time below 2160 over the next 3-months.
It shouldn't spend too much time below 2160 over the next 3-months.
I would begin to look for a counter-trend rally upwards, from 2160 towards 2641 and as high as 2770 (50% of the range from highs)
Once than happens, then I will be looking for the next sell off, as it begins a trending period towards new lows in 2021 (long term buys)
