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

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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 

S&P 500 E-mini Futures 6th December 2020

 

S&P 500 Primary & Weekly Cycles

Bang came the Vaccine news the day after the election and off she went.  

Mostly likely to continue towards the 2021 highs in the 1st Quarter.

However, I'm not so sure it's going to going much higher than the 4th Quarter highs around 3775 in December

S&P 500 E-MINI FUTURES - US STOCK MARKET 1ST NOVEMBER 2020

 

S&P 500 PRIMARY & WEEKLY CYCLES

COMING DOWN FROM THE 2020 HIGHS AND MOVING DOWN INTO THE NOVEMBER LOWS @3110

THE NOVEMBER 50% LEVEL MATCHES THE YEARLY HIGHS, SO THESE LEVELS ARE SEEN AS RESISTANCE - 3349-77 (EARLY NEXT WEEK)

WHO WINS THE ELECTION WILL DEFINE THE TREND.

A TRUMP WIN AND I'M SURE THE NOVEMBER LOWS WILL HOLD AT 3110 AND SWING BACK UP, POTENTIALLY GOING TO THE 2021 HIGHS IN THE 1ST QUARTER OF 2021

A BIDEN WIN HAS A LOT OF NEGATIVE POTENTIALS - RAISING TAXES / SHUTTING THE ECONOMY - BAD NEWS FOR THE MARKETS.

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