S&P (e-mini ) 3rd December 2010 Recap

Trend bias is to continue towards December's highs next week

I would continue to look for more gains on towards Friday's highs.

Trend guide 1212




S&P Weekly and daily range

With Thursday closing above the weekly level @ 1212 the market expectation was to remain above this level and continue upwards…

And follow the monthly dynamics towards the December highs @ 1238.

Early selling pressure down into a low @ 1213, and with Friday's close I would look for the S&P to continue up towards the monthly highs next week


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