S&P 500 E-mini futures 9th April 2012 Daily recap

There is a breakout of Friday's lows...therefore there is an expectation that price is moving down into Monday's lows (Random support)...

Whilst Friday's lows match the blue channel lows (Random resistance)

Trend guide Red Filter

S&P Weekly and Daily cycles

Early rise upwards into Resistance levels based on the daily channels and Friday's lows @ 1381

Selling pressure didn't take it down as far as Monday's lows...

and the April 50% level.

Maybe tomorrow.





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