S&P 500 E-mini Futures 5th December 2011 Daily recap

Above the Weekly levels, the trend bias is UP

Trade on the side of the blue/red filters...

Each way bet on Monday's direction
S&P Weekly and Daily cycles

Early move upwards on Monday (14 points precisely), but a failure to continue towards Monday’s highs.

Weekly level is still the trend guide….

And if below, Tuesday’s is seen as part of a 2nd day reversal….