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

Red guide red filters and blue channels in the daily cycles, along with the Weekly lows...

will define whether the S&P continues up towards the Weekly level @ 1378.50 (random resistance)


S&P Weekly and Daily cycles.

Higher timeframe support @ 1361/1365 has seen the S&P continue upwards…

Closing above 1378.50..

And attracting more buyers.

Any further gains this week could see the S&P continue up towards the Weekly 50% level and Friday’s highs