S&P (e-mini ) 1st October 2010 recap

"Based on the current price action in the 5-day range, I'm not sure if Friday sells down into a lower Weekly close or simply remain within the weekly & Daily levels

No probability pattern for Friday."


S&P Weekly and Daily range.

Friday ends up consolidating and remaining within the levels in the daily range, and this week remains consolidating within the levels in the Weekly range and an upward bias

First day of October and the September highs that have been acting as support have disappeared and dynamically moved higher.


Weekly report out later
Posted by