S&P 500 e-mini Futures 25th September 2012 Daily recap

 
S&P 500 monthly and Weekly cycles

  As mentioned in last weekend's Report....http://usindexweekly.blogspot.com.au/    

"My view is that the S&P will once again begin next week with a 2-day reversal pattern (unless it opens above 1460)...and if that 2nd day closes below the Weekly 50% level (random Support), the rest of the week could be moving in the same direction" (DOWN)    

We now have the 2-day reversal closing below the Weekly 50% level...      

Therefore, the rest of this week is going to follow with continued weakness (as it remains below 1445), and retests 1425...   or it's NOT 
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