S&P 500 e-mini Futures 18th January 2012 Daily recap

Daily will define whether the trend is moving higher...(Wednesday's highs),

As part of a move towards the Weekly and monthly highs


S&P Weekly and Daily cycles


Choppy trading early in the day as the market moved either side of the daily levels within an 8.5 point range

But it wasn’t until the 2nd half of the day that the S&P following the timeframe cycles towards the highs once again.



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