S&P (e-mini ) 9th August 2010 recap

Trend bias is towards the Weekly highs @ 1137 (S&P)

Monday’s daily high might not allow the move into the Weekly highs, but I have the view that price is rising upwards this week, as long as it remains above 1116




S&P Weekly and daily range

Tight trading day with an upward bias (above 1116) until Mondays highs