S&P 500 Emini Futures 5th August 2019

S&P 500 E-mini Primary & Weekly Cycles


KEEP AN EYE ON AUSTRALIAN FUTURES AROUND 6775 THAT MAY CORRESPOND WITH THE JULY HIGHS IN THE S&P 500

THERE MAY BE TOPS IN THE MARKET AROUND THESE HIGHS.

LOOK FOR SHORT-TERM 5-DAY SET-UPS TO VERIFY TRADES ON THE DOWNSIDE (IT'S ALL IN THE BOOK) previous report


We've seen resistance around the July highs and then a 5-day low breakout, that corresponded with a breakout of the Weekly lows and now down into the August 50% level.

Random support around 2888

SUPPORT 2747

S&P 500 E-MINI FUTURES MONTHLY REPORT 30TH JUNE 2019

S&P 500 PRIMARY & WEEKLY CYCLES

I STILL CONTINUE TO BE BULLISH ON US MARKETS UNTIL 2020.

THE WEEKLY LOWS AND JULY 50% LEVELS ARE SUPPORT, IF THERE'S EARLY WEAKNESS NEXT WEEK, FOR ANOTHER PUSH HIGHER

HOWEVER...

KEEP AN EYE ON AUSTRALIAN FUTURES AROUND 6775 THAT MAY CORRESPOND WITH THE JULY HIGHS IN THE S&P 500

THERE MAY BE TOPS IN THE MARKET AROUND THESE HIGHS.

LOOK FOR SHORT-TERM 5-DAY SET-UPS TO VERIFY TRADES ON THE DOWNSIDE (IT'S ALL IN THE BOOK)

DOWNSIDE TARGET IS WEEKLY LOWS AND THEN, AS FAR AS SUPPORT LEVELS AT 2798-2767

S&P 500 E-mini Futures 9th JUNE 2019 Monthly report

S&P 500 Primary & Weekly Cycles

We saw weakness hit US markets in MAY, with a breakout of the MONthly & Weekly lows, but it didn't hit the JUNE lows (BUY ZONE) early last week to catpure the next move upwards.

NEXT WEEK

Random resistance around the Weekly highs, with Support around the JUNE 50% level.

I'm still bullish on US markets until 2020, so we're now interested in the JULY levels in the forward month for trailing Support

S&P 500 E-mini Futures 28th April 2019 Monthly report



S&P Primary & Weekly Cycles




More than likely this trend is going to push higher at the start of April

If the market reaches 2965 then I would like to think that the Markets will go into their Month of MAY weak periods, which will hopefully retest the Yearly 50% level or Blue Channel lows, which will be higher in MAY.

This will provide the ideal set-up for another move to the 2020 highs. (previous Report)

In the previous report I mentioned 2965, however I think it's going to reach as high as 2987-3016 on this run

Coming into MAY, which often sees selling hit the market, the downside 1st  target is the monthly level @2896

if it breaks this, then it's 2723 

S&P 500 E-mini Futures 1st April 2019 Monthly Report

S&P 500 E-mini Futures

S&P 500 looks to be moving towards the 2019 highs (2912) and as high as 2965 (resistance) (double top)

Monthly & Weekly low support in March and more than likely this trend is going to push higher at the start of April.

If the market reaches 2965 then I would like to think that the Markets will go into their Month of MAY weak periods, which will hopefully retest the Yearly 50% level or Blue Channel lows, which will be higher in MAY.

This will provide the ideal set-up for another move to the 2020 highs.

S&P 500 E-mini futures 3rd March 2019


S&P 500 Primary & Weekly cycles

Trend is going up into 2020-21

Short-term the trend is moving to the 2019 highs @ 2912

However, there could some short-term resistance around the Weekly highs and a revisit into the March /April 50% level before the market hits those 2019 highs in MAY


S&P 500 Emini Futures 4th February 2019 Report

S&P 500 Primary & Weekly Cycles

Too much economic good news coming out of the US  has seen the S&P 500 move higher along with  the Fed ceasing to raise interest rates, which started the initial sell off.

 Sadly, it didn't follow the 2nd wave pattern down into the 2019 lows for the best LONG set-up.

Weekly lows and 2019 50% level is seen as support, but it might move into a sideways pattern until late March before heading higher.

I've been Bullish on the stock market since 2016 lows for a move up to 2020-21, it's just trying to time the entry with Support.

I would be extremely surprised to see selliing hit the market otherthan short term down moves.