S&P : Critical Point 2116.8 *LINK*

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S&P (2111.7) : Critical Point 2116.8
Hong Kong Qindex 17:34 GMT 04/29/2015 - My Profile
Sell S&P
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You Searched For: Author: Qindex > Comment: S&P (2111.7) : Critical Point 2116.8
Hong Kong Qindex 17:18 GMT April 25, 2015
S&P : Critical Point 2116.8 : Reply
S&P
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S&P (2111.7) : Critical Point 2116.8

The recently high is 2114.5. If the market retreats further and trades below 2097.5 it may trigger speculative selling pressure. As shown in the monthly cycle charts the market has a tendency to trade between 2041.7 and 2120.5(see the monthly cycle congested area). My bias is on the downside when the market is rejected from the Critical Point at 2116.8. In the mean time the market is positioning at a neutral point.

Qindex.com
S&P 500 : Monthly Cycle Charts
http://www.qindex.com/sp500-future.html

S&P 500 : Monthly Cycle Charts

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