S&P (e-mini ) 4th June 2010 Daily recap

"Resistance June 50% level and Friday highs.

This can lead to a 2-day reversal pattern next week"



S&P Weekly and Daily range

S&P continued down on friday, as part of a 2nd wave down in June using the monthly 50% level.

However, I wasn't expecting Friday to end up such a larger trending whilst above the daily 50% level. (expecting next week from Monday to continue down)

And my precise 'top' failed to reach by 3 points.


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