S&P (e-mini ) 19th July 2010 Recap

1073 resistance with a bias to continue down. (8.5 points)

As per Weekly report, the bias is to continue down during the 3rd Quarter....

However, both markets could remain trading within the Weekly levels....




S&P Weekly and Daily Range

Choppy Monday without reaching 1073…

With the bias to continue down towards the Weekly 50% level and Daily lows