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S&P500 : Critical Point 1982.0 *LINK*

S&P500 : Critical Point 1982.0
Hong Kong Qindex 02:31 GMT 08/09/2015 - My Profile
Sell S&P
Entry: Target: Stop:

S&P500 : Critical Point 1982.0

As shown in the monthly cycle charts the market is bias on the downside when it is trading below 2119.3. It is heading towards 2053.3. The trading reference is as follow :

... 2020.4 - 2053.3* - 2086.3 - 2102.8 // 2119.3*

The market is under heavy pressure when it is below 2020.4. Speculative selling pressure will increase when the downward trending momentum is strong enough to penetrate through the Critical Point at 1982.0

Qindex.com

S&P500 : Monthly Cycle Charts
http://www.qindex.com/sp500-future.html