S&P 500 E-mini Futures 6th June 2012 Daily recap

Trend bias is UP from the June lows towards the Weekly 50% level.

Trend guide the channel highs and daily level @ 1292


S&P 500 Weekly and Daily cycles

Current price action is a continuation of the trend rising up from the June lows towards the Weekly 50% level...

and as high as the June 50% level @ 1336

Helped set-up with the patterns in the daily cycle....

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