S&P (E-minis) 18th July 2011 Recap

Trend bias is UP...

Support blue channel highs from 11pm (sydney time),
S&P looks like it will go higher

S&P Weekly and Daily cycles

Support in the S&P came in @ 11pm (sydney time), or just before
the cash market opened.

Helped by the all timeframe levels, and trend should continue up into the Weekly highs @ 1379