S&P (e-mini) 31st December 08 recap

'HOOK patterns' on the US markets with the expectation that prices are heading towards higher closes on Friday, which could take US markets up towards their 3-week highs....

Tuesday breakout, and the only pattern that I can see is price continuing higher into Wednesday's highs from Yellow support"


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S&P Weekly and 5-day pattern

US markets continuing up towards the 3-week highs....

Wednesday continued higher but didn't come back down and retest support before the spike upwards.

Expectation continues of higher prices into Friday.

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