S&P 500 E-MINI FUTURES 6TH MARCH 2022

 

S&P 500 PRIMARY AND WEEKLY CYCLES

S&P 500 is in a Bear trend with the expectation that it's moving down down towards the 2022 lows later in the year. (Below the 2022 50% level)

Often when there is a double bottom in the monthly cycles (January & February), the month of March (3rd Month) can often have an upward bias to around 4500

However, I just can't see a fundamental picture that screams Bullish, and certainly not technically