SPI Primary and Weekly Cycles
As mentioned in the previous number of reports, the Market is going higher into the end of 2017.
We can see resistance in the 2017 Primary highs earlier in MAY, but this secondary wave downward in Support levels is one of the lesser cycles that needed to play out .
There's two patterns that we can keep an eye on unless something drastic happens in North Korea.
1. pushes upwards from the September 50% level and continues to trend upwards - Thrust Pattern.
2. Further sideways price action into the start of the 4th Quarter and then the next THRUST pattern occurring using the YELLOW level as that push ZONE.
