Walter Bressert Futures OnLine Using Cycle Trading Patterns to Buy Bottoms & Sell Tops in the Direction of Trend and at Trend Reversals
S&P500 Weekly
 

Click on the Audio link below to begin; click Next to go to next chart.
NOTE: Before clicking on the "audio" link, allow the chart to fully load.
If the charts do not download completely, right mouse click and choose "refresh".

Server Audio (default that appears at top of chart) to access the audio file from our server; or
Download Audio to download audio file onto your hard drive. This option takes several minutes to download, but if you don't have a lot of bandwidth with your ISP, the audio file will play better.

Audio - Index - Previous - Next


The 18-week cycle bottomed in the red timing band on schedule. Prices are now moving higher into a weekly cycle top, most likely to occur 4/16 - 4/22. Our price objective for this high is at least a test of 1350 with a test of the 1370 level possible. Watch for 1370 +/- 10 points.

Although the 5DS and 10DS oscillators have both turned down, the market is still in an uptrend as last week's highs exceeded the high of the previous week to form a swing bottom. The energy is up. This weekly cycle top could be followed by a sharp downmove into the primary cycle low. A purchase of out-of-money puts as prices test 1370 could bring multiple profits.

Index - Previous - Next


Walter Bressert Futures OnLine
Post Office Box 4088, Vero Beach FL 32964

Voice: (561) 567-1101

Mailto:[email protected]
Contact: Teresa Bressert

There is a risk of loss in trading futures.

Copyright © 1998-2000 Walter Bressert, Inc. All Rights Reserved.