S&P 500 E-mini Futures 5th December 2021

 

S&P 500 Primary & Weekly Cycles

Reversal from the 4th Quarter highs and down into the December 50% level.

It's not 'bearish' yet.

Above the December 50% level and likely consolidation going into the end of the Year.

Push down next week and likely to see continued selling pressure into 

1. 2021 Yearly highs @ 4014

2. drift down towards the 2022 50% level, which could result in a pump early in the new year to new 2022 highs

S&P 500 E-mini Futures 7th November 2021

 

S&P 500 

That was a major move in October and early November, but now we are back into a resistance zone in the 4th Quarter of 4719

it can punch up to the 100% range of 4804...

But, we can see reversals in the following week, once price moves into the following month based on the Weekly timeframe, which is next week

S&P 500 4TH OCTBOER 2021 MONTHLY REPORT

S&P 500 PRIMARY AND WEEKLY CYCLES

The amount of negative press in  regards to Evergrande in China, can see the S&P come further down in the month of October.

Normally the October lows would be seen as support, however it would not surprise me to see a wick down as far to 4025, which matches the 2021 highs and then gets bought back up again....

Continuing up towards the 4th Quarter highs @ 4719, as the FED pumps stimulus into the economy. 

S&P 500 E-mini Futures 4th September 2021 Monthly Report

 

S&P 500 Primary & Weekly Cycles

Looks to be hitting the 3rd Quarterly highs in September 4580.

Can it continue towards the 100% of the Primary range at 4804?

It can, but it looks more likely in the 4th Quarter.

Therefore, the Weekly lows are once again the support level, which matches  the September 50% level at 4,400.

Validate the support with a lower Weekly close and then use a lower weekly open rising up from $4400.

Long-Term

it's in a 2021 Yearly breakout, so the expectation that price will continue to trend upwards into the 1st Quarter of 2022, similar to 2020. 

S&P 500 E-minis 1st August 2021 Report

 

S&P 500 Emini futures

Continues to follow the Quarterly cycles to 4580.

Once that happens, mostly in September, then keep some spare cash.

Before that happens, the Weekly lows is support. 

S&P 500 E-mini Futures Report 4th July 2021

 

S&P 500 Primary & Monthly Cycles

S&P500 E-mini futures More gains in the S&P in the 3rd Quarter???

 Resistance July highs.

Weekly lows support/ July 50%, in case it comes down before reaching those highs potentially in September 2021

 

S&P 500 E-MINI FUTURES 6th June 2021 Monthly Report

S&P Primary & Weekly Cycles

1. weekly low closes around 4018 & then swings up to retest the break next week @ 4150 (weekly closes on its lows and then reverses upwards next week.

After retesting the break (4150) it could continue down, or remain above the 50% level and Yearly highs (Previous Report)

Early May saw the Weekly patterns play out - Retest of the break, then retest of the Weekly lows and then continue higher

S&P 500 Remains above the Yearly highs, as it continues towards the 2nd Quarter highs in the final month of June and most likely push higher in the 3rd Quarter

There will be resistance levels in each Quarter, but how far will be market reverse down, as the US Economy re-opens after Covid-19?

Whilst above the 2021 highs, expectation is that it will push higher in 2022 

 

S&P 500 E-mini Futures 13th May 2021

 

S&P 500 Primary & Weekly Cycles

This is the first break of the Weekly lows since February 2020, and we know what happened after that.

We often see MAY highs in Markets and reversals down, which often can see Monthly low patterns in June before a reversal upwards - 2 month wave pattern down.

Therefore there's 2 scenarios

1. weekly low closes around 4018 & then swings up to retest the break next week @ 4150 (weekly closes on its lows and then reverses upwards next week.

After retesting the break (4150) it could continue down, or remain above the 50% level and Yearly highs 

2. keeps dropping (MAY selloff - June bottom) around 3,500 to 3,900
if that happens, it will affect all markets, including Bitcoin (39,000 - 42,000 bottom)

S&P 500 E-mini Futures 1st May 2021 - Monthly Report

 

S&P 500 E-mini Futures

IT WON'T SURPRISE ME TO SEE PRICE MOVE UP TOWARDS 4332, EITHER BY  LATE MAY / JUNE

AND IF IT DOES MOVE THAT HIGH, I THINK IT WOULD BE WISE TO BE MOVING INTO CASH ON MOST ITEMS, INCLUDING CRYPTO 

It's trading above the 2021 highs at 4014, which matches the MAY 50% level.

I'd be surprised to see it below this level early in MAY, even though it could move down into the Weekly lows at 4107-17 (support)

The Target remains the 2nd Quarterly highs in MAY at 4332, which aligns hitting in MAY and it's own highs

After that, I'd keep an eye on any 5-day low breakouts.

S&P 500 E-MINI FUTURES 4TH APRIL 2021

 

S&P 500 PRIMARY AND WEEKLY CYCLES

S&P 500 COMPLETES THE BREAK AND EXTEND PATTERN FROM THE 2020 HIGHS INTO THE 2021 HIGHS.

IF FUTURES OPENS BELOW 4014, THERE COULD BE SOME SELLING PRESSURE, THAT CAN SEE PRCE BACK INTO THE WEEKLY LOWS.

EVEN A SLIGHT PUSH UPWARDS INTO 4072 & APRIL HIGHS, WILL GET SHORT SELLERS APPEARING.

IF IT BREAKS THE WEEKLY LOWS, THEN DOWNSIDE TARGET IS 3516.

HOWEVER, IT WON'T SURPRISE ME TO SEE PRICE MOVE UP TOWARDS 4332, EITHER BY  LATE MAY / JUNE

AND IF IT DOES MOVE THAT HIGH, I THINK IT WOULD BE WISE TO BE MOVING INTO CASH ON MOST ITEMS, INCLUDING CRYPTO

S&P 500 E-mini Futures 6th March 2021 Report

 

S&P 500 Primary & Weekly Cycles

Looks ready to continue up into the March highs, which matches the 2021 highs at 4014.

Once it hits that level, the risk increase, as we have seen in the past and also in 2020.

Following the Blue Channel highs (Secondary Cycles - Quarter) would be to 4054.

S&P500 E-mini Futures 31st January 2021 Report

S&P500 Emini Primary & Weekly Cycles.

Sure the S&P 500 can drop all the way down towards the 2021 50% level @ 3225

However, my view it is still going higher and towards the 2021 highs.

Support 3600  / 3633

Target 4014 / 4055

#S&P500 #DOW #DOWJONES #NASDAQ

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S&P 500 - E- mini Futures 4th January 2021 Monthly Report

 

S&P 500 Primary & Weekly Cycles

Expectation it will continue up towards the 1st Quarter highs that align with the 2021 highs.

Then there will be an expectation it will try and reverse back down  into the 2021 50% level, find support and then resume a multi-year BULL MARKET rally