Index futures, Forex, Commodities, GOLD/Silver/OIL 14th Jan 2012 Weekly reports

Weekly Index & Forex Reports out now...

Australian Index (SPI) Futures

http://austindex.blogspot.com/


DOW and S&P Index Futures


http://usindexweekly.blogspot.com/

US Dollar INDEX, AUD/USD, EUR/USD

http://www.forexspread.blogspot.com/

OIL Futures:- OIL BOIL

http://www.oilboil.blogspot.com/

Gold & Silver Weekly Reports

http://goldcoppersilver.blogspot.com/

Note: Weekly BHP, RIO, TLS, Banking Report Update

http://aussie-stocks.blogspot.com/














S&P 500 E-mini 13th January 2012 Daily recap

The current Weekly highs could act as resistance until next week.

Friday's 5-day lows Are seen as support, if for some reason US markets move down on Friday





 
The reason for the move downward on Friday was not only based on the Weekly highs acting as resistance, but it was the downgrade of the French hitting markets during the Euro session.

The S&P move down, found support, and rose upwards in late trading.

Expectation remains that price is moving towards the January highs @ 1314.

Weekly Report out later




S&P Weekly and Daily cycles

SPI Futures 13th January 2012 Daily recap.

Resistance Weekly highs @ 4182

Random support 4166.


SPI Weekly and Daily cycles.

 
Weekly highs formed resistance, pushing the SPI down 21 points….

Late close above 4166 (random support), attracted Buying.

don't you love the lack of Volatility!

Weekly Report out tomorrow.


S&P 500 e-mini 12th January 2012 Daily report

Trend bias is to continue towards the Weekly and then the monthly highs.

Random resistance Thursday’s highs


S&P Weekly and Daily cycles

 
Early move upwards from the daily filter @ 1286 saw price move up hit resistance levels, and reverse back down into the trailing daily support levels.

Blue channel highs and 5-day 50% level @ 1282 pushed the S&P back towards the highs.

Target remains the January highs @ 1314



SPI Futures 12th January 2012 Daily recap

SPI Weekly and Daily cycles


Another consolidating trading day as the market remains below the Weekly highs @ 4182




S&P 500 E-mini 11th January 2012 Daily recap

Trend bias is to continue upwards this week, as part of a move towards the Weekly & monthly highs.

Support:- channel highs and daily 50% level @ 1278



S&P Weekly and Daily cycles


Didn’t reach support levels @ 1278, but a move above the filter in the 2nd half of the day resulted in a higher daily close...

as the trend continues towards the Weekly and Monthly highs





S&P 500 E-mini futures 10th January 2012 Daily recap

today looks like it's continuing higher, as part of the December 50% level Support and extension pattern upwards.

Tuesday's highs random resistance, as part of a trend trying to move towards the Weekly highs


 S&P Weekly and Daily cyclesAfter yesterday’s support, Tuesday was most likely going to continue to move upwards.

Tuesday highs @ 1284.50 failed to stall the trend....

as the market tried to reach the precise ‘Weekly high’ @ 1293.50

Whilst the S&P remains above Tuesday's highs @ 1284.50, the expectation it will continue to extend upwards on Wednesday.




SPI Daily 10th January 2012 Daily recap

Same position as yesterday, using the January 50% level @ 4088 as support & trend guide

Random resistance Weekly 50% level 4118.


SPI Weekly and Daily cycles

Daily cycle suggested an upday as the market was opening above the daily filter @ 4087..

Later buying has seen the market close above the Weekly 50% level @ 4118







S&P 500 E-mini 9th January 2012 Daily recap

Weekly & Daily levels are the trend guides for Monday.

It either going to move towards the channel highs @ 1278

Or begin a reversal towards the Weekly 50% level.


S&P Weekly and Daily.

Monday followed a move towards the channel highs, and once again moved into a consolidating trading day of 8.5 points.



SPI Futures 9th December 2012 Daily recap


Today's trading is based on whether this week's lower open rises up from the January 50% level @ 4088:- First target Weekly 50% level @ 4118

or follows Monday's pattern towards the lower Weekly level @ 4050 (random support
)



SPI Weekly and Daily cycles

 
Early rise upwards from the January 50% level, but a failure near the Weekly 50% level has seen the market reverse 42 points and begin trading below a key level in the market.

Until late buying propped the market up, as it remains choppy around the higher timeframe 50% levels.