the S&P —
Long term –
the long cycle is in a long trade to 1209. 950 starts the new down trade to 752. both time and trade pressures are down.
the weekly has been in the short trade since 1079 with a 976 target. trading pressures are now turning up. the time cycle ends on the 26th and 1113 would trigger a new upmove to 1162 then 1186.
Daily –
the 1072 entry has met its 1103 target and 1118 is the next target. a trade below 1083 will start a new short trade.