S&P (e-mini ) 26th October 2010 recap

"At the moment there isn't a pattern in the 5-day range that suggests the trend is continuing down...at this stage I would focus on 4.25 to 8.5 points

Trend guide and support 1177"



S&P 500 Weekly and daily range.

S&P remains within the channels on Tuesday, providing numerous 4.25 range patterns using 1177 as support, and then a late rise upwards to complete the 8.5 point range.