S&P 500 E-mini Futures 14th MAY 2012 Daily recap

S&P has stalled under its Weekly levels @ 1350 and whilst below the trend bias is down

 random pattern using the levels in the Daily cycle

S&P Weekly and daily cycles

Higher timeframe cycles are driving the trend lower helped by the negative news coming out of Europe.

Weekly lows Random Support

with a trend bias down into the MAY lows

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