S&P (e-mini ) 9 October 09 recap

S&P Weekly

Higher Friday close after the 3-week support, as part of the expectation that the trend is moving towards the October highs in the 4th Quarter.

Based on the patterns in the 5-day range, I'm looking for next week to continue to push up towards the next week's highs (Monday-Tuesday), and then look for a short-term reversal pattern back towards the trailing Weekly 50% level.

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