S&P 500 e-mini Futures 21st November 2011 Daily recap

S&P showing weakness, as it's trading below the Weekly level 1209 and below the November 50% level @ 1206.

Target Weekly and Daily lows @ 1192-96 (random support)

S&P Weekly and Daily cycles

 S&P continued with the trend down into the daily & Weekly lows @ 1192..


1192 provided random support, but it failed to complete the 8.5 range

More weakness has seen the trend continue lower breaking a number of key support levels within the minor timeframe cyces.




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