S&P (e-mini ) 14th February 2011 Daily recap.

Resistance @ 1331

S&P Weekly and Daily range.

As per Weekly report, there are a number of levels that are going to act as resistance, the first one being 1331.

Monday's high @ 1331.25 and the outcome of  the first levels of resistance won’t be known until it is either trading below the Weekly level @ 1314.75

Or continuing up towards the Weekly highs (2nd resistance)

Ideally the first level of resistance would provide a 8.5 point reversal as a minimum move.






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