S&P 500 E-mini futures 1st June 2012 Daily Recap

Trend bias is down into Friday's lows, as part of a move towards the June lows.

Trend guide Red filter @ 1305

S&P 500 Weekly and Daily cycles

Early set-up using the red filter provided an ideal SHORT for a move down into the Daily lows @ 1293..

and then the bad news hit with the US payroll numbers coming out before the Cash Market opened...

Sending the trend down towards the June lows, quicker than expected.

Weekly Report out later

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