S&P E-mini Futures 13th September 2012 Daily recap

S&P trend bias is up into the September highs

NOTE:- FED meeting today, and if they agree to continue to print money the market is likely to respond in a kind way.

S&P Weekly and Daily cycles

September highs reached after testing the previous weekly breakout @ 1423..

FED'S announcementt of further stimulus and sent the S&P up into the September highs, as shown in the Weekly report @ 1464

That completes this month's upward move, however SPOT futures will expire and this could see the DEC futures reach the same point on Friday, or early next week







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