S&P (e-mini ) 23rd July 2010 Daily recap

Friday will likely continue upwards....

Resistance levels 1099-1103.



S&P Weekly and Daily range

Friday has continued upwards and closed above the 3-day cycle @ 1099 in late trading.


Normally the 3-day cycle would provide resistance and then continue lower from next week’s higher open.

However, even though this week has seen the market remain within the Weekly ranges, Friday’s close could see a continuation of the move towards next week’s highs





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