Index, Stocks, forex, Commodities:- OIL, GOLD, Silver 28th April 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/

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

Trend bias is UP... Random resistance Weekly levels & Friday's highs

S&P Weekly and Daily cycles

Higher Weekly close:- bottom to top as the S&P continues to rise up from the April 50% level

Weekly Report out later



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Trend bias is UP.  Trend guide the red Filter

 Weekly 50% levels Support..... Thursday's highs random resistance

Weekly and Daily cycles

Early selling before the cash market opened was simply price trying to retest the Weekly 50% level @ 1380

as the trend continued towards Thursday's highs, matched with the Weekly level @ 1399.75..

and potentially higher highs by Friday and Monday next week.


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SPI Futures 26th April 2012 Daily Recap

There is a Gap open from the 5-day high breakout on Thursday @ 4380

 Therefore I think that the 1st 90 minutes will try and move back towards that level.

Resistance 4411-4415

SPI Weekly and Daily cycles

Early resistance down from 4411 into Thursday's highs @ and the Weekly level @ 4375/80 during the first 90 minutes.

With 1 day to go until the end of the month, the target remains the monthly highs in April @ 4430.

as long as it's above the Weekly levels @ 4375.


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April 50% level support during the last week of the month... and now we need to see if the next few days continue to rise up towards a higher Weekly close by Friday

if it is going to rise, then the red filter is the trend guide...my view is UP


S&P Weekly and Daily cycles

S&P following the last week upward move, using the monthly 50% levels and Weekly levels as
 support @ 1361

whilst the daily cycles are providing the road map using the red daily filter



Posted by
Daily 50% levels and blue channels looks to be pushing the S&P lower. Red filter random support @ 1361, matching April 50% level.

S&P Weekly and Daily cycles

Early resistance around the daily channel and 50% level pushed price lower (8.5 points)

This aligned with the Random support zone @ 1361, which matched the April 50% level and Weekly level...

resulting in a late move upwards and higher daily close




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SPI Futures 24th April 2012 Daily recap

There are two plays today based on whether the trend continues down towards Tuesday's lows....

or finds support  (weekly 50% level) and makes a late charge towards 4377 and the daily filter.


SPI Weekly and Daily cycles

Overnight the SPI found support at its Weekly 50% level @ 4323.

Above the 5-day 50% level @ 4342, and the late charge towards 4377 actually occurred early cin the day

whilst 4375/77  formed resistance...

and the market continues to consolidate




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S&P 500 E-mini futures 23rd April 2012 Daily recap

S&P looks bearish, as it's below the Weekly 50% level.

Trade on the side of the red filter and channels in the daily cycle

S&P Weekly and Daily cycles

S&P moves downward, with random support around Monday's lows...

first day of the week in the last week of the month hasn't started well....

with downside target @ 1347 to be completed this week



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SPI Futures 23rd April 2012 Daily recap

Trend guide is the Weekly level @ 4375... either the trend continues up into the Weekly and April highs

or the 3-year 50% level 4389 continues to stall the market from rising, and the last week of the month is pushed downward:- first target 4259 (Friday's level)

SPI Weekly and Daily cycles

pushed down from 4375 and into 4359

and consolidation (small range day..boring)



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