S&P Futures

885. Sunday

monthly –  downtrend. next target is 716.  showing diverence at these lows.  Median line acting as support. 915 close will start a new retracement uptrend.

weekly – retracement up in the downtrend. next price objective is 946-961 area.  740 will restart the downtrend. buying pressures turning up still on the upside of the cycle til 12/26.

daily – retracement down in an uptrend.  next price objective is 926 then 966.  851 is the entry price for a down move, then to 763. we have traded intraday down thru 851 but closed above, so still in uptrade.  selling pressures into cycle end 12/17.

Intraday – long in an uptrend to 905.  buying extended.  22 pts down triggers the short entry price.