S&P (e-mini) DOW 11th August 2008 Recap

"Higher Weekly open and I would like to see a re-test of the Weekly 50% level if any new uptrend is going to continue in August....Weekly highs resistance.

Trade on the side of the yellow channel.... "

Yesterday's Report
S&P Daily and 5-day pattern

US markets continue higher completing the move into the Weekly highs:- trading above the yellow filter......