S&P (e-mini ) 4th April 2011 Daily recap.


Trend bias is the Weekly 50% level @ 1322…

Support:- 1320-1322




S&P Weekly and Daily range

This week’s trading is based on whether the trend continues up towards the Weekly and Monthly highs in April…

Or whether this week begins with a 2-day reversal pattern towards April 50% level, and as low as the Weekly 50% level.

And yesterday’s price action didn’t provide traders with the opportunity to trade longs off intra-day support. (4.25 to 8.5)