Melbourne Qindex 13:23 GMT September 3, 2011 - My Profile
S&P 500 : Critical Point 1050.1 : Reply
Buy S&P
Entry: Target: Stop:
S&P 500 : Critical Point 1050.1
The market is under pressure when it is below the monthly cycle pivot centers at 1190.2 - 1194.7 - 1206.8. As shown in the monthly cycle directional indicator speculative selling pressure will increase when the downside trending momentum is strong enough to penetrate through the barrier at 1027.1 // 1101.5.
Monthly Cycle Directional Indicator : [1027.1] - [1101.5] - 1133.6 - 1155.5 - 1165.5 - 1181.1 - 1184.2 - 1190.2 - 1194.7 - 1206.8 - [1355.4]
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http://www.youtube.com/watch?v=dZEGYpXE5B4
SP 500 : Monthly Cycle Charts
http://www.qindex.com/sp500-future.html