S&P 500 E-mini Futures 10th November 2011 Daily recap

Trend bias is down, however the levels in the 5-day range could see price rise upwards using the red filter @ 1222 as the trend guide

as high as the 5-day 50% levels:- Resistance 1240-43


S&P Weekly and Daily

Precise counter-trend move upwards on Thursday from 1222...

And the daily 50% level and channel lows @ 1243 providing resistance of 14 points.