S&P 500 E-mini 21at February 2012 Daily recap

my view is that US markets are moving down to retest the breakout of last week's highs:- 1352-54

once that happens, then there is a better chance for the markets to continue upwards


S&P Weekly and Daily cycles

 
S&P has moved down 14 points from this week’s highs, which aligned with the 5-day 50% level @ 1356

Support resides @ 1352-54 this week