S&P 500 E-mini 12th December 2011 Daily recap

Weekly level is the trend guide @ 1249.75


If below the Weekly level and Daily 50% level the trend bias is down into the channel lows (random support)

S&P Weekly and Daily Cycles.
Monday has proceeded to follow a lower daily close, without the Channels lows providing any random support (8.5 points) during the day.