S&P (E-minis) 21st July 2011 recap

Based on the current price action my view is that it will continue to rise up towards the upper weekly levels @ 1346 by Friday

Support 1315/17

Random resistance Thursday's highs

S&P Weekly and Daily range

This week’s price action along with Wednesday’s close above the Weekly and Monthly 50% levels help set-up further gains this week.

Also helped by the levels in the daily range (support 1315/17).

Thursday’s highs failed to keep a lid on the rise, and the move towards 1346 looks like happening quicker than expected.








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