S&P (e-mini ) 3rd February 2011 Daily recap.

whilst above the Weekly highs @ 1297, expectation the trend is continuing towards the February highs.

Random support 1289

S&P Weekly and Daily range.

Early weakness, but a failure to move down into 1289, and the daily 50% level.

Trend bias is to complete the double monthly high pattern in February @ 1316, whilst the market remains above the Weekly highs @ 1297

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