S&P Futures

esday3

Longer time frames showing downward pressures. Have reached the end of the weekly downward cycle. should see upward pressures til early april.  Ben’s PTI has moved thru the take profit point and is now signalling a new move up.

Daily –  selling pressures extended down, next target 745.  at multiple downside price objectives and intraday is signaling a move up.  829 is the entry price with a first objective of 884.  beginning a new cycle, which will end 2/26. dominant cycle peaks 3/5 after that significant downward pressures til  3/20.