S&P (E-minis) 7th July 2011 Recap

Expectation that the trend will continue towards the Weekly highs @ 1350

Support 1337.

Resistance 1347/50


S&P Weekly and Daily range

Break and Extend pattern has completed from last week's breakout @ 1295 to this week's highs @ 1350.

These Weekly highs are seen as resistance during the current week...

However, whilst price is above Thursday's highs @ 1347, it's likely to continue to move higher & towards Friday's highs



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