S&P (e-mini ) 14th October 2010 recap

Resistance:- 1183.25 to 1186

If there going to be reversal around these 4th Quarter highs, then it's going to be hitting resistance on Thursday and closing lower.


                                                            S&P Weekly and Daily.

Reversal down into lower daily 50% levels, but not from the upper resistance levels as I hoped for on Thursday.

And late buying from those daily 50% level levels doesn’t provided a high probability pattern of continuing lower on Friday