S&P 500 e-mini Futures 14th October 2011 Daily recap

After Thursday's price action and support at the October 50% levels....

I would think that the trend will try and rise towards a higher Friday close

Trend guide 1200.50


S&P Weekly and Daily cycles

 Friday was a follow on from the previous day, as the market settled above the October 50% level….

And then continued towards the Daily and Weekly highs on Friday, with buying support coming into globex market @ 7pm Sydney time.

And likely to continue higher next week.

Weekly Report out later


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