S&P 500 E-mini futures 22dn December 2011 Daily recap

my view is that the trend will continue to move up towards Thursday's highs

Weekly 50% level and red filter support

S&P Weekly and Daily cycles.

This week's price action of rising up from the December 50% level, along with Wednesday's price action help set-up further gains on Thursday

Trend bias is to continue towards the Weekly highs by Friday…

And the Quarterly 50% level @ 1274.50 by next week.



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