sp 500 : critical resistant 1286

SP-500 (SP, CME) : Critical Resistant 1286


Normal Lower Limits : 1123 - 1139 - 1161
Lower Mid-Point References : 1182 - 1213 - 1215
Weekly Cycle Pivot Center : (1241) - (1268) - (1286)
Upper Mid-Point References : 1300 - 1321 - 1360
Normal Upper Limits : 1360 - 1374 - 1433


Weekly Cycle Projected Series : ... 1139 - 1164* - 1188 - 1201 // 1213* - 1225 - 1237 - 1250 - 1262* - 1274 - [1286] - 1299 - 1311* - 1323 - 1335 - 1347 - 1360* // 1372 - 1384 - 1409* - 1433 ...

Weekly Cycle Congested Area : 1035 - 1118 - (1202 - 1286) - 1370 - 1454 - 1538


SP-500 (SP, CME) : Critical Resistant 1286

Remarks : The weekly cycle congested area indicates that the market has a tendency to trade between (1202 - 1286). Speculative buying interest will increase when the market is able to trade above the center of the weekly cycle projected series at [1286]. On the other hand speculative selling pressure will increase when the market is below the weekly cycle pivot center at (1241). The weekly cycle lower mid-point references at 1182 - 1213 - 1215 would serve as short term supporting points.


SP500 : Monthly Cycle Charts
http://www.qindex.com/sp500-future.html
Albert Cheung (Ph. D.)