S&P (e-mini ) 15th December 2010 Recap

My ideal set-up is for the S&P to move up into 1239.75 (channel highs) and then sell off down into Wednesday's lows @ 1226



S&P Weekly and Daily range.

Currently the December highs @ 1238.50 are forming resistance

S&P moved up into a high of 1239.50 and then sold off towards the Daily lows on Wednesday, with a minimum move of 8.5 points

My view is that the S&P is trying to move down into the Weekly levels @ 1225 (random support)






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