S&P (e-mini ) 16th December 2010 Recap

Set-up A:- moves up into the 5-day 50% level and continues down into the daily lows, which are seen as random support

SET-UP B :- support on the daily lows and a swing back towards the highs on the same day.

as the futures contracts are trying to complete the move into the December highs @ 1249.50 (weekly report)



S&P Weekly and Daily range.

Thursday started with Set-up A and then followed with set-up B.

Price action suggests that the S&P will continue into 1249.50 (December contracts) on the last day.


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