S&P (e-mini ) 22 March 2010 Daily

"Expectation of a short-term pullback during an UP trend that is going to continue higher in 2010

Resistance 1156.25"





S&P Weekly and Daily range.

Short-term pullback into the Weekly 50% levels didn’t play out and we have a similar pattern as last Monday.

Looking for an early rise of 8.5 points from Yellow into 1156.25 , but I wasn’t expecting Monday to break and continue towards the highs.