S&P futures

858 7:50am

monthly and weekly won’t change.

daily – bias Long.  short entry price of 832 acting as resistance. Long entry price of 852 met, next objective 879.  selling pressures abating into rising momentum up.  look to intraday for a trade.  need 879 to breakout above the pitchfork upper median line, then next target 926.  after the 12/3 CIT, expect upward time pressure til 12/09.

intraday – Nuetral bias.  inside two cycles that range 833 to 873. Have traded thru the 852 long entry price – next objective 892. selling pressure down for the next two hours. The short entry price is 10 pts down with a retracement price objective 832. but shorter cycles hard down: next move should be up – perhaps in the afternoon session.