SP-500 (SP, CME) : Critical Support 1266.1
Normal Lower Limits : 1160.2 - 1161.3 - 1172.9
Upper Mid-Point References : 1225.0 - 1226.1 - 1228.8
Monthly Cycle Pivot Center : 1365.5 - 1389.1 - 1413.7
Upper Mid-Point References : 1340.7 - 1354.4 - 1355.8
Normal Upper Limits : 1396.7 - 1419.2 - 1420.6
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Normal Lower Limits : 1152.8 - 1182.5 - 1168.4
Upper Mid-Point References : 1224.7 - 1229.9 - 1235.4
Weekly Cycle Pivot Center : (1288.3) - (1291.5) - (1296.6)
Upper Mid-Point References : 1341.2 - 1353.0 - 1368.5
Normal Upper Limits : 1394.1 - 1414.6 - 1440.4
Weekly Cycle Projected Series : ... 1152.8 - 1176.7* - 1200.7 - 1212.7 // 1224.7 - 1236.7 - 12248.6 - 1260.6 - 1272.6* - 1284.6 - [1296.6] - 1308.6 - 1320.5* - 1332.5 - 1344.5 - 1356.5 - 1368.5* // 1380.5 - 1392.4 - 1416.4 - 1440.4 ...
Weekly Cycle Congested Area : (1050.1 - 1132.2 - 1214.4 - 1296.6 - 1378.7 - 1460.9 - 1543.1)
Remarks : The market is stable when it is consolidating within the weekly cycle pivot centers at (1288.3) - (1291.5) - (1296.6). Speculative buying interest will increase when the market is able to trade above the weekly cycle pivot center at (1296.6). The weekly cycle mid-point references at 1341.2 - 1353.0 - 1368.5 would serve as short term resistant points. The weekly cycle congested area suggests that the market has a tendency to trade between 1214.4 - 1296.6. A projected resistant point is positioning at 1340.0.
SP500 : Monthly Cycle Charts
http://www.qindex.com/sp500-future.html
Albert Cheung (Ph. D.)
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SP-500 (SP, CME) : Critical Support 1266.1Normal Lower Limits :...
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