S&P (E-minis) 22nd July 2011 Recap

Weekly level @ 1346 is seen as random resistance:- 8.5 to 14 points.

As part of retesting Thursday's breakout @ 1334 (support
)

S&P Weekly and Daily

The Weekly level @ 1346 formed resistance on the higher daily open, and pushed the trend back down into Yesterday's breakout level @ 1334.

This level formed resistance, as part of retesting the breakout...

 and  the trend would now normally  rise upwards early next week.

Weekly report and levels out later