S&P 500 e-mini futures 30th September 2011 recap

Daily 50% level @ 1151.50 is the trend guide.

 
Bearish below 1139

S&P Weekly and Daily cycles

Trading below the Weekly 50% level and below the daily 50% level was going to push pressure on the market to move lower.


Along with 1139 providing less probability of support, as the market will often extended outward on Friday:- lower Weekly close.

Weekly Report out later.