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

Weekly 50% level @ 1320 is the trend guide..

but the position of price and the daily levels suggests a move down in early trading

S&P 500 Weekly and Daily cycles

A move down has resulted in a breakout of Monday's lows...

and current price action suggests it will extend lower on Tuesday (Daily lows):- as part of a break and extend pattern in the daily cycles:- 1293