S&P 500 E-mini futures 17th September 2012 Daily recap

Expectation that the market is moving into a 2-day reversal pattern back towards 1445...

Friday high resistance along with today's daily channels forming resistance

S&P Weekly and Daily cycles

As per Weekly Report, the completion of the move into 1464 would result in the S&P revisiting 1445..

This is also helped by the Friday high 'sell set-up' in September futures (2-day reversal pattern)

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