S&P (e-mini ) 8th November 2010 Recap


S&P Weekly and Daily range.

Trend guide 1213.75


Monday remains in a tight trading range around November's highs

There are two possible patterns this week…

Continues up towards the Daily & Weekly highs @ 1235, which are seen as resistance levels

Or price reverses down towards 1201.25 over the next 2-days, as per of retesting last week's breakout


And Monday hasn't given any clues, which direction this week is going to take