S&P 500 E-mini Futures 4th MAY 2012

As noted in Yesterday's report, there was the possibility that US markets could end up down into their 5-day lows...

The question remains whether the trend continues lower (Lower Weekly close) towards the MAY 50% level:- Resistance 1395

S&P Weekly and Daily cycles

S&P didn’t retest the resistance levels @ 1395…

And proceeded down into MAY 50% level, and beyond…

Weekly Report out Later

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