S&P (e-mini ) 26th November 2010 Recap

Below 1199 (daily channel highs and Weekly 50% level)

Trend bias is down towards a lower Friday close


S&P Weekly and daily range.

Early selling from Friday’s higher open resulted in a lower Friday close…

Helped by the 8.5 spiral top and matching daily 50% level @ 1193

Current price action suggests the S&P is consolidating around 1182 until the start of December



Posted by