20071022 1110. S&P 500 cash index is on the downtrend on a 30 min basis.

E-mini S&P 500 chart

20071008 The S&P 500 e mini futures reached some extended levels from the moving averages. May be some correction as players take profits.

E-mini S&P 500 chart

20071005 ES continues to spike higher, making this a nice travel from the initial breakout level. This analysis, based on Fibonacci timing cycles by C Boroden of Synchronicity Market Timing looks interesting, let's see how it will pan out.

E-mini S&P 500 chart