S&P (e-mini ) 17th June 2010 Daily recap

Weekly high resistance.

Random support 1101.58 and a 8.5 rise back upwards....




S&P Weekly and daily range.


Thursday has continued to remain trading between the highs and support.

My expectation is that these levels will act as resistance for this week only, and my preferred pattern is to see the market move down into the daily lows.

However, being Friday and Monday the start of a ‘new’ week could see a higher move upwards:- Weekly close above resistance.