S&P 500 E-mini Futures 12th March 2012 Daily recap

Weekly level is a random support zones @ 1260.50, as price rises up from the daily 50% level and Weekly 50% level in the S&P 500....

if that's the case then Monday could be Choppy:- random resistance blue channel highs @ 1366


S&P 500 Weekly and Daily cycles.

 As per Weekly report, there was an expectation that this week would begin with a 2-day reversal pattern….

However, with the market already opening lower, and starting near the Weekly 50% level….

The trend bias was to rise upwards, but to remain choppy within the daily channels




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