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

"As you are aware I'm bearish on the S&P at these levels (1099)

Resistance on Friday 1093"



S&P Weekly and Daily Range…

Friday sell off and back down into the Weekly 50% levels from upper resistance levels.

Either Today was going to remain range bound between the daily levels @ 1093 and 1074….

Or it was going to break the daily lows, as per of a larger downward trend



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