S&P (e-mini ) 29 November 2010 Recap

There is a Dilernia drop in the forward month that often pushes the trend down for the current month:- below the Weekly 50% level

trend bias is down into the daily and weekly lows:- random support.


S&P Weekly and Daily range.

Whilst the S&P remains below the Weekly 50% level the trend bias is down.

There wasn’t a higher probability short-trade set-up until Monday was below 1184, with the expectation the trend was moving down into the Daily lows….

Which then provided random support of 8.5 points






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