S&P 500 E-mini Futures 1st August 2012 recap

I continue to be bullish as long as it remains above the Weekly level @ 1373.75.

However, the daily cycles aren't showing a bullish set-up...

 
S&P Weekly and Daily cycles

Wednesday began to rise up from the Weekly level...

but the daily cycles weren't in sync, and now we have a daily close below that key level..

which could result in weakness on Thursday

  • Daily Trading Set-ups & Analysis

  • Index Futures SPI, DOW S&P, & Forex



  • Subscribe to the Trader Premium



  • http://www.datafeeds.com.au/premiumtrader.html
    • Posted by