S&P (e-mini) DOW 17th July 2008 Recap

"US markets moved up from the Weekly lows, but still trading below the weekly 50% levels....

S&P 5-day pattern:- There hasn't been a breakout of the 5-day highs, but if the trend is going to continue higher, then it should move up from the support levels (5-day 50% level)

"5-day highs resistance...."

Yesterday's Report

S&P Daily and 5-day pattern

E-mini pushed higher into the 5-day highs on Thursday and stalled......

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