S&P (e-mini ) 31st August 2010 recap

Resistance 1051-56

Support :- 1031-33 Daily and Weekly lows.





S&P Weekly and Daily Range
.

Price didn’t move down far enough into support levels on Tuesday for a swing back upwards.

There was some resistance around the daily 50% level of 8.5 points, but then a late move upwardshas seen Tuesday move towards the September 50% level on the last day of August.