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

"US markets moving into the bottom to top trading week:- Higher weekly close.

Because of the breakout of Thursday, the trend guide should be based on Thursday's 5-day high

With the potential to move towards Friday's high.

Friday's high Random resistance"


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S&P Weekly and 5-day pattern

Friday continued higher as part of the push upwards this week, and probably reach the March 50% level by next week.