S&P (e-mini) Daily 5th January 201 recap

Trend guide based on the Weekly highs @ 1263.

whilst the S&P is below 1263 the trend bias is down....(random support 1152)

Above @ 1263 and it's trying to move towards the January highs @ 1280



S&P Weekly and daily range..

Early selling pressure but it quickly changed, with price trading above 1263 and heading towards the daily highs on Wednesday...

and then likely to continue up towards the January highs by Thursday

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