S&P (e-mini) DOW 24th Sept 08 Recap

"Any continuation upwards this week would need to see a 'hook' bar over the Weekly 50% level, and a 2-day pullback into the September lows.

Once again it's all about support and my view of market rising upwards"


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S&P Daily and 5-day pattern

Volatility has dropped since the banning of short selling, and US markets continue to drift into support each day, but not doing much thereafter...

US markets still trading around September lows....