Index Futures, Forex, Stocks, OIL, GOLD & Silver Weekly Reports 14th April 2012

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/



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

Trend guides are based on the blue channels highs @ 1378

Target:-ist target red filters 4.25 points & Then Friday's highs @ 1392

High risk trading longs below the 5-day 50% levels

S&P Weekly and Daily cycles


After this week's support, my expectation was that Friday would continue higher.

Early support formed @ 1378, however the red filter formed resistance...

Whilst a close below the 5-day 50% level @ 1374, put pressure on the market to close on its lows, and around the Weekly lows.




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SPI Futures Australian Stock Market 13th April 2012 Daily recap

Resistance 4351

Support 4300/04 (Weekly 50% level)

Today's trading is based on a continuation towards the Weekly level and Friday's highs @ 4351

 
SPI Weekly and Daily cycles

The SPI didn't precisely reach the Highs @ 4351

and it didn't test Support (Weekly 50% level) @ 4300/04

Weekly Report out tomorrow.


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S&P 500 E-mini Futures 12th April 2012 Daily recap

Red guide red filters and blue channels in the daily cycles, along with the Weekly lows...

will define whether the S&P continues up towards the Weekly level @ 1378.50 (random resistance)

S&P Weekly and Daily cycles.

Higher timeframe support @ 1361/1365 has seen the S&P continue upwards…

Closing above 1378.50..

And attracting more buyers.

Any further gains this week could see the S&P continue up towards the Weekly 50% level and Friday’s highs


Posted by

SPI Futures Australian Stock Market 2012 Daily recap

Today's trading is based on whether the trend continues with Wednesday's breakout and moves down into Thursday's lows @ 4227.

or whether Thursday moves upwards, as it rises up from the Weekly lows.

Trend guide 4274
SPI Weekly and Daily cycles

There wasn't an ideal long set-up within the daily cycles until the market moved above 4274

Weekly lows has supported the trend earlier this week, whilst the market began its rise upwards today from the April 50% level @ 4257

Any further gains (above 4300 Weekly 50% level)...

will depend on US markets moving upwards overnight.



Posted by

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

We have the same pattern as Monday, this could result in both the S&P moving up towards Tuesday's breakout and the 5-day 50% level. (resistance)

My hunch is that the Weekly lows in can push the trend down into the RED filters as first targets, as as far as Wednesday's lows
S&P Weekly and Daily cycles

S&P rose upwards and hit resistance levels....

However, the Selling down into Wednesday's lows and the target of 1347 didn't eventuate.

S&P is now trading around the April 50% level @ 1361

Daily levels on Thursday come into play, which will decide whether the trend continues down into 1347

or April 50% level  forms 'Support', and rises up towards 1378.50 once again.


Posted by

SPI Futures Australian Stock Market 11th April 2012 Daily recap

Support 4247


whilst Wednesday's lows @ 4270 could act as resistance.
SPI Weekly and Daily cycles

Currently the Weekly lows are supporting the trend....

However, as mentioned in the Weekly Report...

My view is that price is moving down into 4172 & 4146 (2nd Quarterly 50% level).

SPI futures could rise upwards overnight, but when we look at the S&P 500, price is trading below their own Weekly lows, which could result in further weakness overnight.



Posted by

S&P 500 E-mini Futures 10th April 2012 Daily recap

After Monday's retest of Friday's breakout and blue channel lows (resistance)...

Tuesday may continue down towards the Daily lows (Random support)...


S&P Weekly and Daily cycles
 Tuesday has continued down, breaking support levels (1365/68)….(Daily and Weekly lows)

And as mentioned in the Weekly report…heading down into 1347 and the single monthly lows.

Note:- the breakout of the daily and Weekly lows, which could act as resistance on Wednesday and push the S&P down towards 1347






Posted by

SPI Futures 10th April 2012 Daily recap

SPI Weekly and Daily cycles


The SPI remained within the daily low @ 4282....

and continued back towards the Weekly 50% level @ 4300...

and likely to move towards 4312 during after hours trading





Posted by

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

There is a breakout of Friday's lows...therefore there is an expectation that price is moving down into Monday's lows (Random support)...

Whilst Friday's lows match the blue channel lows (Random resistance)

Trend guide Red Filter

S&P Weekly and Daily cycles

Early rise upwards into Resistance levels based on the daily channels and Friday's lows @ 1381

Selling pressure didn't take it down as far as Monday's lows...

and the April 50% level.

Maybe tomorrow.





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