S&P 500 E-mini Futures 18th April 2012 Daily recap

resistance (Weekly 50% level) could push price back down into the 5-day 50% level @ 1378

Potential pattern would be a move downward early, and then a rise towards Wednesday's highs later in the day (resistance)

S&P Weekly and Daily cycles

5-day 50% level  support @ 1378

but a failure to continue higher in the back half of the day towards Wednesday's highs




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