Index, forex, Commodities, Stocks, 31st March 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 Fuutres 2012 Daily recap

Random support in the S&P 500 remains the Weekly level & also the daily channels @ 1395/97.

Today's trading is based on whether the market makes a play for Friday's highs, and then Higher highs by monday:- April highs


S&P Weekly and Daily cycles

Friday's support @ 1395/97 failed to continue towards Friday's highs...

however, the trend bias towards the April highs is still on...

Weekly report out later





SPI futures 30th March 2012 Daily recap

Today’s trading is based on whether the market remains consolidating between the weekly levels...

or it makes a play for Friday's highs on the last day of the month/quarter

Trend guide 4355.


SPI Weekly and Daily cycles…

 
Last Day of the month & quarter has seen the market rise up towards the MARCH highs @ 4385 (Note:- March highs in the cash market is 4378)

Early close above 4355 saw more buying  as the market hit the Daily highs...reversing and closing on its daily lows.

It will now depend on US markets to see if the last day of the month/Quarter reaches the MARCH highs @ 4385 overnight...and makes a play for the April highs early next week.

Keep in mind that there is also the view that's it's going to retest the 2nd Quarterly 50% level.

Weekly report out tomorrow


S&P 500 emini futures 29th March 2012 Daily recap

The S&P 500 could continue down from the MARCH highs @ 1402.50

& remain choppy above the Weekly level @ 1395


S&P Weekly and Daily cycles

Pushed down from the March highs @ 1402.50:- …..

However, remaining choppy in and around the Weekly level @ 1395



SPI Futures 29th March 2012 Daily recap

Trend guide 4240/43:-

Potential  rise upwards from 4240/43 first target 4361 (21 points):- random resistance...


SPI Weekly and Daily cycles

Consolidating trading day of 21 points...

As the market remains within the levels of the daily cycle











S&P 500 futures 28th Futures 2012 Daily recap

This week has started with a 2-day rise from last friday's lows... hitting the Weekly highs @ 1415 (random resistance).

there is the possibility that after reaching the Weekly highs (2-day rise) the market can consolidate and remain choppy.

Support 1402.50


S&P Weekly and Daily cycles


Daily 50% level @ 1402.50 failed to provide an 8.5 - 14 point rise....

as the market continues down after the 2-day rise into the Weekly highs @ 1415....

I still have the view that the Market is moving up towards the April highs..

however, that will depend on how well the Weekly level @ 1395 supports the market into the end of the month/quarter


SPI Futures 28th March 2012 Daily recap

Trend guide is based on the Weekly level @ 4308, and whether it continues up towards the Daily and Weekly highs.

Random resistance @ 4343


SPI Weekly and Daily cycles


Market has continued higher reaching the Weekly highs...and breaking out.

likely move is towards the MARCH highs @ 4385



S&P 500 E-mini Futures 27th March 2012 Daily recap

Breakout on Monday would normally see the trend continue towards Tuesday's highs :- resistance @ 1422

Trend guide RED filters....Trading support 5-day 50% level



S&P 500 Weekly and daily cycles.

Sadly, price didn’t reach Tuesday highs @ 1422 to provide the resistance for a move back down towards the 5-day 50% level @ 1405.

Market continued back down once below the red filters.

Trend guide is the Monthly highs in MARCH @ 1402.50 ( Random Support )



SPI Futures 27th March 2012 Daily recap

Tuesday is part of a 2-day rise from Friday's lows.

And whilst above the Weekly level @ 4308 & Tuesday's highs @ 4312, the trend bias is up towards the Weekly highs @ 4343...

Trend guide 3408/12

SPI Weekly and Daily cycles

Market continued higher, but only after it moved down 21 points.

most of the UP move occurred as the CASH market came to a close, and after hours pushed the SPI higher.

Target remains @ 4343....

and as high as 4385, as per Weekly Report




S&P 500 FUTURES 26TH March 2012 Daily recap

Trend bias is UP in the S&P 500, as long as it's above the Weekly level @ 1395

Note:- we have a Friday 5-day low patterns, which suggest a 2-day rise


S&P Weekly and Daily cycles


As per Weekly report, the trend bias is UP using the Weekly level @ 1395 as support, as it moves towards the April highs:- 1426

first target reached :- Weekly highs @ 1415


SPI Futures 26th March 2012 Daily recap

Trend bias is up

trend guide 4278

next spiral filter @ 4298 will define whether the trend continues up or back down



SPI Weekly and Daily cycles

Early rise upwards....

but failure to continue higher, as the spiral filter @ 4298 and the 1st Quarterly 50% level continues to stall the trend from rising