S&P (e-mini) 29th July 2011

if the S&P rises up from Thursday's lows, then the Weekly lows should be used as resistance (1297/1302):- 8.5 to 14 points and lower.

                                                   S&P Weekly & Daily range

S&P rose upwards on Friday and hit resistance levels (weekly lows) and moved down  precisely
14-points

The rest of Friday then moved into a consolidation pattern to close out the month

Weekly report out later










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