S&P (e-mini ) 7th January 2010 Recap

Blue channel highs @ 1271.25, can push the S&P down it’s usual 8.5 points…



S&P Weekly and daily range

S&P remains trading within the daily range channels, and this week closes above the Weekly highs @ 1263

Next week’s trend guide is 1265.25, which will determine whether the S&P continues up towards the January highs @ 1280

Or moves down into support levels:- Weekly lows @ 1238




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