S&P 500 E-mini Futures 27th March 2012 Daily recap

Breakout on Monday would normally see the trend continue towards Tuesday's highs :- resistance @ 1422

Trend guide RED filters....Trading support 5-day 50% level


S&P 500 Weekly and daily cycles.

Sadly, price didn’t reach Tuesday highs @ 1422 to provide the resistance for a move back down towards the 5-day 50% level @ 1405.

Market continued back down once below the red filters.

Trend guide is the Monthly highs in MARCH @ 1402.50 ( Random Support )



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