S&P (e-mini ) 30 March 2010 Daily recap

"Support shown in the Daily pattern (yellow) with an upward bias towards the Tuesday highs

At this stage the view is to push up towards Tuesday's highs and the Weekly highs:- (4.25 to 8.5 points)"





S&P Weekly and Daily range

Tuesday ends up a consolidating pattern around support, providing a double 4.25 range but failure to continue towards Tuesday’s highs.

1 day to go until the end of the month Quarter.

There's an upward bias towards April's highs.

I would still like to see a rotation into support levels as an ideal set-up to capture any potential up trend during the 2nd Quarter.