S&P (e-mini ) 10 November 2010 Recap

This week's view was to start with a minor reversal to retest the previous Weekly breakout & 1201.25

Whilst the S&P is trading below 1214.75 on Wednesday the trend bias is to move downward.

S&P Weekly and Daily range.

S&P moves downward on Wednesday, but remains within an 8.5 range…

as the market consolidates between the Weekly range & the November highs.

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