S&P (e-mini) DOW 9th Sept 08 Recap

"Expectation yesterday that price would push down from the September 50% levels back into Support...

Support levels were verified within the 5-day pattern support levels (Yellow).

Tuesday:- Below support and it's down towards the 5-day lows again...."

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S&P Weekly 5-day pattern

Above tells the story, with September's 50% levels pushing US markets down confirmed with a break support and down into the 5-day lows.

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