S&P 500 E-mini futures 23rd April 2012 Daily recap

S&P looks bearish, as it's below the Weekly 50% level.

Trade on the side of the red filter and channels in the daily cycle

S&P Weekly and Daily cycles

S&P moves downward, with random support around Monday's lows...

first day of the week in the last week of the month hasn't started well....

with downside target @ 1347 to be completed this week