S&P 500 E-mini 24th January 2012 Daily recap

first support is around 1303 (8.5 points)

Random Resistance is around the 1310...

S&P Weekly and Daily cycles.
Daily levels formed support @ 1303 and pushed the market back towards the highs.

Current price action looks like it’s consolidating around the January highs @ 1314, as these highs are forming a resistance zone….

But will likely to continue higher as the resistance zones shift and move higher in February.