S&P (e-mini) 13th February 09 recap

"Limit risk of shorting above the 5-day 50% levels.

Support shown as the Yellow channels.

Below Yellow support and it's a random pattern....

Price could move down into yesterday's blue channel support @ 815 and then remain
in a consolidating trading day on Friday"


Premium Report

S&P Weekly and 5-day pattern

US markets drifted lower on Friday, pushed down by the 5-day 50% level.

There were no probability patterns for the market to rise upwards on Friday, unlike last week with the Weekly Hook pattern over the Weekly 50% level.

Weekly report out later.