S&P 500 Emini Futures 5th April 2020

S&P 500 Primary & Weekly Cycles

There are so many resistance levels in the Above charts, that I can't see the S&P 500 going higher than 2770 (Weekly highs 2735)

Even though I'm expecting lower lows in 2021,  Markets could remain range bound between the 100% lows around 2160/2267  & 2743/70 for the next 6 months.

Nothing has really changed since me previous post.

It just looks range bound for a few months and with the expectation it's going to lower in 2021.

However, there is still the possibility that it does move up to 2770 before going lower