S&P (e-mini ) 24th February 2011 Recap

Over the past 6 months the dynamic Weekly lows has supported the market during the current trend towards the highs in 2011 from the lows in September 2010

Support 1295.



S&P Weekly and Daily range.

S&P found support at the Weekly and Daily lows @ 1295, providing a trading range reversal of 8.5 to 14 points.

As mentioned in last nights’ report….


This level @ 1295 could still play a supporting role during the current month, however these Weekly support levels diminish once the 2011 highs have already been reached.

Whether 1295 holds support for more than a couple of days is unknown as yet.


  • Daily Trading Set-ups & Analysis
  • Index Futures SPI, DOW S&P, & Forex
  • Subscribe to the Trader Premium
  • http://www.datafeeds.com.au/premiumtrader.html
    • Posted by