S&P (e-mini ) 1st July 2010 Daily recap

Random support Thursday lows :- Resistance Daily 50% level.

The set-ups will be dependent on which occurs early on Thursday.





S&P Weekly and Daily range

If the market moved up early on Thursday the bias was to continue down towards Thursday’s lows using resistance, as part of the trend towards the July lows.

Instead the market moved down early and found support on Thursday’s lows, and will most likely continue towards the Daily 50% level on Friday.