DOW S&P futures E-mini 12th August 2011 recap

Friday is the first day that the market is starting above the 5-day 50% level., which has a bias to move upwards, using the 50% levels as support…

DOW S&P Daily cycles

S&P didn’t move down into the daily 50% level for an ideal long set-up towards and higher Friday close.


However, for those that trade both the DOW and S&P, the DOW provided an ideal long set-up and move up towards the Daily channel highs of 250+ points

Weekly report out later