Index, forex, Stocks, Commodities ;- OIL/GOLD/SILVER 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 20th January 2012 Daily recap

Trend bias is up towards the Daily highs

Daily & Monthly highs are seen as resistance


S&P Weekly and Daily cycles

trend bias moved up but didn't reach the upper timeframe levels.

Weekly Report out later



SPI futures Australian Stock Market 20th January 2012 Daily recap


Trend guide 4220.

My view is that the SPI is moving up towards Friday's highs.

If Below 4220, trend bias is down into 4196 (random support)



SPI Weekly and Daily cycles


Friday moved down into Support @ 4196, instead of moving up into the daily highs.

Those daily highs would have aligned with the first major level in the Primary timeframe @ 4250, as US markets begin move UP into their January highs.

Weekly Report out tomorrow.



S&P 500 E-mini Futures 19th January 2012 Daily recap

Today's trading is based on whether the trend follows the daily cycles towards the January highs @ 1314

S&P Weekly and Daily cycles

Early resistance around the Weekly highs....

However, intra-day price action (above the red filter) has seen the trend follow the daily cycles, as the market nears the January highs @ 1314.

 


SPI futures Australian Stock Market 19th January 2012 Daily recap

Today's trading is based on whether the market remains above the Weekly & daily highs @ 4211-15

or whether Thursday's spiral top @ 4228 pushes the SPI back down towards 4193 (random support) (42 points)


SPI Daily and Daily cycles

Initial move down from the spiral filter @ 4228 (21 points) settled below the daily highs @ 4215.

Negative unemployment numbers help push the SPI back down 42 points towards the Trailing support levels in the daily range.



S&P 500 e-mini Futures 18th January 2012 Daily recap

Daily will define whether the trend is moving higher...(Wednesday's highs),

As part of a move towards the Weekly and monthly highs



S&P Weekly and Daily cycles


Choppy trading early in the day as the market moved either side of the daily levels within an 8.5 point range

But it wasn’t until the 2nd half of the day that the S&P following the timeframe cycles towards the highs once again.



SPI Futures Australian Stock Market Report 18th January 2012 recap

Trend guide 4178…



4178 will determine whether the market moves towards the daily highs..


or moves down into the 50% levels and beyond. (daily Report)


SPI Weekly and Daily cycles

4178 formed support and continued back towards the highs.


Weekly highs @ 4211 currently forming a resistance zone in the weekly cycle




S&P 500 E-mini 17th January 2012 Daily recap

2-day rise has random resistance around the Daily and Weekly highs.

S&P Weekly and Daily cycles


Random resistance of 8.5 to 14 points on Tuesday, has resulted in price closing below key levels in the daily cycle.

Even though the trend bias is to continue towards the Weekly and Monthly highs @ 1314

Tuesday's price action could see a retest of the daily lows on Wednesday.


SPI futures Australian Stock Market 17th January 2012 Daily recap

Trend guide 4151-54

Note:- above 4164 and the trend bias is to follow the Weekly cycles towards 4211


SPI Weekly and Daily

intra-day timeframe close above 4154 attracted buyers, as part of a move towards higher highs in the Weekly cycle

Trend bias is to continue towards the Weekly highs @ 4211, as part of a move towards 4250-92 in the first quarter


S&P 500 e-mini Futures 16th January 2012 Daily recap

The S&P is showing that it could rise upwards from the Weekly level @ 1282

Blue channel lows @ 1278 Support:- Potential 2-day rise upwards.


S&P 500 e-mini Weeklky and Daily cycles

 
Cash markets closed for Martin Luther King Holiday, whilst futures markets continued higher, as they followed the Weekly cycles

S&P 500 started the day below the daily 50% levels, whilst the blue channel lows were seen as support @ 1278.

Instead the Weekly level @ 1282 formed support, confirmed with price trading above the daily 50% levels @ 1284.







SPI futures 16th January 2012 Daily recap

Trend 4141 (5-day 50% level)

Either it swings back towards the Weekly level @ 4164 (random resistance)

Or moves down into the Weekly 50% level (random support)


SPI Weekly and Daily cycles

Moved down on open and remained above random support zones (21 point ranges)