S&P (e-mini ) 10 March 2010 Daily recap

"Weekly highs and March highs Resistance, with an Expectation that April will continue higher.

Wednesday’s highs match Weekly highs:- resistance

Focus on 8.5 and 14 point moves"




S&P Weekly and Daily range.

Wednesday continued upwards and into the highs, providing a precise 8.5 reversal but a failure to move back down into the 50% levels.

I would like to think the S&P can continue down during globex hours, but there is a bias to push upwards during this Quarterly cycle.

Thursday report out later.




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