S&P 500 E-mini Futures 31st October 2012 Daily recap

Trend bias is up into Wednesday's highs using 1407.50 (Daily channels as Support)

 Random resistance Wednesday's highs

S&P Weekly & Daily cycles

Early rise within the Daily cycles, but slapped back down from Wednesday's highs....

looks like it's going to struggle to get over 1416 for the next 2-days....

And currently it's showing potential further weakness into Friday...

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