S&P 500 e-mini futures 11th September 2012 Daily recap

the S&P can often move back and retest the previous Weekly breakout @ 1423 before it continue up towards the September highs @ 1445

S&P Weekly and Daily cycles

As mentioned in the Weekly report and yesterday's recap...

Previous Weekly high @ 1423 was seen as support for a continuation up towards the September highs @ 1445.

Today's price action moved up 14 points, but remained within the Daily cycles @ 1436
It's not a forgone conclusion that price will continue up towards 1445, therefore keep aware that if it dips back below 1423 it's open to RISK
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