S&P 500 E-mini Futures 6th October 2012

S&P Monthly and Weekly cycles

S&P didn't move down into the Weekly lows, instead remaining within the Weekly cycles, helped by Wednesday's close above the Weekly 50% level @ 1446

Next Week could once again begin with a 2-day reversal pattern, where the Weekly 50% level comes into play...as to whether the S&P 500 follows the monthly cycles up towards 1482/85 & beyond.

or Not