S&P 500 e-mini futures 28th September 2011 Daily recap

Trend guide 1170

Resistance Wednesday’s highs

Support 1148


S&P Weekly and Daily cycles

 
Wednesday tried to continue upwards, without reaching  the daily highs…(resistance)

Resulting in a late sell down into 1148, which hasn’t provided support.

And this could put added pressure on the S&P 500 if it begins trading below 1133 on Thursday