Category: S&P

S&P Futures

weekly time and trade pressures are down.

the Daily 1116 target was met and exceeded by 2 pts.
the subsequent pull back has taken the futures down to the short entry price of 1087.
the downmove  target is 1055.

the trade pressures are down. time pressures are down until Aug 9th.

on a shorter cycle, the entry price for a new upmove is 1112, which takes the futures to 1140.
[Sun PM, already in the new upmove on the 60 minute charts, first upside target is 1108.]

S&P Futures

the weekly trade is still down to the next target of 932, but working against substantial divergences.

The daily reflects these divergences in the longer move up from 1046 which was stopped by the 1093.50 target.  the next target up is 1116
the retracement move down started at 1072 with a 1036 target,
but momentum is positive so any break of the 1094.50 high is the key.
trade pressures are up.  time pressures are peaking in the next few days.

S&P Futures

Daily – the 1093 target was reached tuesday and acted as resistance wednesday.
next target up is 1115.
1067 is the entry price for a move down to 1036.

upper time frame pressures and lower time frame targets suggest a pull back to the short entry price and a new move up from there.

S&P Futures

Monthly pressures are all down.
Weekly Trade pressure are up, the time pressures remain down thru mid October.

Daily –
Time pressures are turning down, trade pressures are up short term.
1048 was the entry price for this move up, next target up is 1093.

a trade up thru 1079 could indicate a further move up after a pull back.
1043 is the new short entry price.

S&P Futures

the down move continues.
the February low is getting its third test; the 990 area remains the attractor.

Weekly – hidden divergences in the trade pressures signal a possible move up.  time pressures are up thru the third week in August.

Daily – the 1084 short entry has been triggered and the first target of 1041 is met today.  the next target down is 1014.50.
trade pressures are down and extended.  time pressures turn down the second week of July.

a trade up thru 1060 will start a new move up.

S&P Futures

Now in the September contract.

Long term pressures are still down.  October 29th is the end of the downward time pressures.
the weekly  trade is down, next target is 1043 and 1006.  1176 is require to start a new move up.
Trade pressures are up. Time pressures turn up June 25th til Aug 20, then maximum down pressure til mid-to-late October.

Daily – we are in the retracement trade up from 1077 to 1226; while still inside the longer cycle move down.
the previous down move from 1060 to 1015 was stopped at the prior 1040 lows.
1226 was the previous up target and that is met today on the Chinese yuan news. next target is 1144.

trade pressures are fully extended up. time pressure is down thru June 23rd.
the longer time cycle is up thru July 13 and then turns down at the same time the short cycle.

a trade down thru 1084 will signal a new move down.

S&P Futures

Monthly trade pressures remain down, the time pressures are down thru Oct 29th.

Weekly – Trade pressures are down and extended, Time pressures are down thru June 25th. the next downside target remains 1006, with 936 in play if 1006 fails.  a trade thru 1181 is require to restart the move up.

Daily – two time cycles; the longer is up and shorter is down thru June 23rd. trade pressures are down.
the move up from 1081 was stopped twice at the 1110 median line, the next target up is 1126.
1060 is the trigger for a further move down to 1014 and 990.
[closing update: closed below the short entry, 1015 next target.]

S&P Futures

The bulls are making tests of the market, as they buy and then wait to see if there is follow-thru; producing these daily up and down swings.  normal for a change-in-trend process.
Monthly and weekly pressures are down.  weekly trade pressures are overextended on the down side.
monthly down cycle ends in October.
the weekly is showing June 25th as the end of the downward time pressures.
a target of 990 remains as the projected low for this move down.

Weekly –  remains in the down move to 1106. 1181 is requires to restart the up move.

Daily –  still in the move up thru 1080 which set up the target of 1126.
but as expected the 1110 resistance has caused the pullback.
a trade down thru 1060 will cause a second retest the February lows and  bring the 1014 target into reach.  There are no such things as triple bottoms.

S&P Futures

the 1180 entry point proved reliable.
copper traded thru its long entry.
the dollar traded down thru its short entry.
gold traded thru its long entry.
crude traded thru its long entry.

weekly-  remain in the down trade til 1181 is taken out.  the next target down is 1006.

Daily – the up trade was entered with the 1180 entry price.  the next target is 1126.
may get a pull back from the median line;
but a trade below 1057 could stop this move up.

S&P Futures

Trading pressures turned up at the Tuesday close.

The Feb low has provided support.
1014 remains a downside target.
pressures up-to-neutral, turning down May 28.
the overnight futures may get us to the aforementioned 1080; it is the entry for a retracement to 1125, with an early test at the the 1110 median line.