S&P 500 E-mini Futures 25th MAY 2012 Daily recap

Trend bias is up into Resistance @ 1328/30

Trend guide @ 1318

S&P 500 Weeky and Daily cycles

Once again the daily levels in  the S&P provide the perfect entry point to capture the initial move of 8.5 points before the cash market opens

Trend continues up into Resistance levels in the Weekly cycle 1328/30

resulting in a rejection of 8.5 to 14 points.

Weekly Report out later

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