S&P (e-mini ) 2nd September 2010 recap

Weekly 50% levels: is now the trend guide @ 1079


Breakout on Wednesday should continue up into Thursday's highs. (Resistance):- break and extend pattern


S&P Weekly and Daily Range.

S&P continues with the break and extend pattern from Wednesday into Thursday’s highs.

Normal resistance pattern and a 8.5 reversal pattern failed to materialise, and price now looks like moving upwards on Friday towards 1098.50 to 1102