S&P e-mini futures 20th October 2011 Daily recap

1197.50 is seen as a random support zone :- Weekly level and daily channel

However, I'm not sure that Thursday will move beyond 1212.50


S&P Weekly and Daily range.

S&P remained in a tight trading range between a number of key levels in the daily and Weekly cycles...

as the market continues to consolidate above the October 50% level.