S&P 500 E-mini Futures 2nd December 2011 Daily recap


The red filter @ 1243.75 is the guide.

Above and Friday's highs are seen as random resistance zones (8.5 to 14 points
)..


S&P Weekly and Daily cycles

Friday continued higher, hitting the daily highs @ 1262.50 and reversing down 14 points…

With further weakness into the close...

and expectation that next week will continue with a 2-day reversal pattern.

Weekly report out later