S&P 500 E-mini Futures 28th February 2012 Daily recap

Tuesday's highs match the Weekly highs @ 1373 (random resistance)

Trend guide red filters and blue channels highs using each 4 hour pattern



Because there is a breakout of the monthly highs @ 1354,  the weekly and daily highs might not stall the trend for more than 1-2 days...

S&P Weekly and Daily cycles


S&P remained below the resistance levels @ 1373, but within the daily channels.....

as the market consolidated within the 4 hour periods from midnight into the close of the cash market


Posted by