S&P 500 E-mini Futures 29th December 2012

S&P 500 Monthly & Weekly cycles

Two support levels for next week...

The first comes in around 1373/1374.50 for a minimum move of 14 points upwards..

Whilst the January 50% level is likely to form early resistance...

from there onwards the new 2013 Yearly 50% level comes into play around 1380
and that will decide whether the Primary trend remains up or not.