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

Trend bias is down whilst below 1315.50 (May Lows)

 however, in early trading there could be a random support pattern of 8.5 to 14 points....

using the red filters as trend guides

S&P 500 Wekely and Daily cycles

Early rise upwards of 14 points before the cash market opened...

and then the market resumed it's trend towards the Daily lows on Friday

Weekly Report out later