S&P 500 e-mini futures 21st October 2011 Daily recap

Current price action suggests Friday is going to move upwards..

the 5-day 50% levels are the trend guide/ support



S&P Weekly and Daily cycles

The chance of Friday moving upwards (higher Weekly close) was extremely high, and it's likely to continue higher next week.

After this week’s price action of consolidating above the October 50% level, and Thursday’s price action...

the patterns in the daily cycle of friday suggested more gains.


Weekly Report out later.