S&P (e-mini) 19th March 09 recap

"S&P has completed the move up into the March 50% level, and I'm looking for a consolidating pattern around these highs.

5-day 50% levels are support & trade on the side of support"


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S&P Weekly and 5-day pattern

Monthly 50% level along with the Weekly highs resisting price.

And a pullback into support.

At this stage there is a view of a consolidating trading pattern around these highs until next week.