S&P (e-mini ) 9th June 09 recap

"No probability pattern on Tuesday other than reacting & trading on the side of Support"

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S&P Weekly and 5-day pattern

Small range day on Tuesday, and US markets remain in a consolidating trading pattern ready to pop out.

Price is curently trading above the MAY highs, with the expectation price is moving towards the June highs.

At this stage the expectation is to continue higher after a 2 day sideways pattern early this week...

As long as price remains above Wednesday's support.

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