S&P 500 E-mini Futures 30th MAY 2012 Daily recap

Trying to rise upwards in the last week of the month towards the June 50% levels...

but selling continues to hit the markets

Trend guide the daily filters

S&P Weekly and Daily cycles

Wednesday’s open below the Weekly 50% and then trading below the daily 50% level put pressure on the S&P to fall further

This saw more weakness with subsequent closes below each daily level (1317) until the move down into Wednesday’s low (1308.25) was reached

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