S&P (e-mini ) 8th July 2010 Daily recap

S&P close above the Weekly 50% level @ 1050 and above the Daily highs.

Any further gains and price is moving towards 1079.

Random resistance Daily highs.



S&P Weekly and Daily range

Thursday has continued towards the highs without retesting the Weekly 50% level @ 1050.

Based on market dynamics the trend will likely complete the move into 1079 on Friday.

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