S&P (E-minis) 18th May 2011 Recap

whilst above the MAY 50% level, the trend bias is up

Support 1324.50


#1) continues up from the blue channels towards the Weekly 50% levels
(random resistance blue channel highs)




S&P Weekly and Daily range

Monthly 50% level and Weekly lows continue to support the trend in MAY....

and it's likely to continue up on Thursday towards the Weekly 50% level @ 1346+





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