S&P 500 E-mini Futures 23rd November 2012

Trend guide is the Weekly 50% level in the S&P, which looks like it could continue upwards Resistance the November 50% level @ 1407

Note:- there are dips in the 5-day highs cycle.... Friday could breakout of those highs and continue to trend upwards

S&P 500 Weekly and Daily cycles

Perfect set-up on Friday for a breakout pattern, as the market continues to reverse up from the November lows & helped by the Weekly 50% level.

S&P hit the November 50% level & stalled

Weekly Report out later

  • 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