DOW E-mini trading 6th March 2008

US markets breaking the 3-day highs after bouncing off the Weekly lows......

Looking at price action I can only make the conclusion that the Weekly 50% levels can be resistance on a higher open, with a re-test of support in both markets and I would look for a move towards the 5-day highs or a day with an UP bias

It doesn't look like it's going to go down on Thursday, but the Risk level is 'support' on trading on the 'long' side.

High Risk Trading Longs below Support on 'Thursday'