S&P 500 E-mini Futures 8th Sept 2012 Weekly Report

S&P Monthly and Weekly cycles.

S&P is likely to continue up into the September highs @ 1445 (resistance)

However, don't be surprised to see early weakness, as part of retesting last week's breakout @ 1423 before ti continues up into 1445

Therefore:- 1423/27 is seen as early Support

Whilst there are two resistance levels during September 1445 & 1464