S&P (e-mini ) 15th April 2011 Daily recap.

Trend bias is to continue down this week, using the Weekly 50% level @ 1313 as a trend guide


but based on the daily channels @ 1307, and the market remaining above 1300-1300 Friday could push higher


S&P Weekly and Daily range

Market continues to remain above 1300-1304, and the change in the daily pattern  provided the S&P more of a reason to closer higher.

Weekly Report out later