S&P 500 e-mini futures 11th October 2011 recap

Weekly level @ 1195 and Monday's highs could see early weakness towards the red filter @ 1179.50



That level will once again define support (8.5 to 14 points)

S&P Weekly and Daily cycles


Monday’s highs pushed the S&P down towards the red filter @ 1179.50…

However, without reaching that level, the S&P proceeded to rise a precise 14 points, before it moved into a consolidation pattern for the rest of today.



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