S&P (e-mini ) 13th July 2010 Daily recap

S&P has continued to move upwards on Monday from the Weekly 50% level.

As per Weekly report, the market is likely to continue towards 1099.50...



S&P Weekly and Daily range.

Tuesday has continued up and has completed the move into 1099.50


As per Weekly report 1099.50 is seen as resistance during this Quarter.

To help verify that view price needs to drop back below 1094.75 tomorrow.

However, there is a breakout of the daily highs on Tuesday @ 1090.50, which can often extend upwards on Wednesday and continue to trend higher.

Whilst above 1094.75, any further gains this week is towards 1112.

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