S&P (e-mini) 16th April 2010 Daily recap

"Thursday's price action and small range day reversal often leads to a lower Friday close back into the 'red' levels, as per Yesterday's report.

Short from the highs downside targets are Friday's lows"




S&P Weekly and Daily

Precise tops on Thursday often lead to a reversal pattern down into the daily lows the next day, as per Monthly highs resistance patterns

That's the first time in 7 weeks that the S&P has revisited the Daily lows.

And in my opinion continue down as the month comes to end.

However, I would like to see a double top early next week.

Weekly report out later.....