S&P (e-mini) 2nd January 08 recap

S&P Monthly and Weekly

As pointed out the last Weekend's Weekly Report:- the higher low in January favours higher prices back towards the monthly 50% levels....

And this was set up perfectly with Monday's HOOK bar over the Weekly 50% level:-

Dilernia principle:- Daily HOOK bar favours higher prices into Friday's close.

• Daily Trading Set-ups & Analysis
• Index Futures SPI, DOW S&P, & Forex
• Subscribe to the Trader Premium
• http://www.datafeeds.com.au/premiumtrader.html