S&P 500 Daily 10th MAY 2010 recap

Weekly report:- potential 3-day rally until Wednesday, as price goes and retests the previous Weekly low breakout @ 1168-1173




S&P Weekly and Daily range.

Monday gapped open above the Weekly and Daily range 50% levels and has continued higher, as part of a potential 3-day UP move.

This up move is based on retesting the previous Weekly low breakout.

And that retest of the previous Weekly low breakout @ 1168-1173, is occuring quicker than expected