S&P (e-mini) DOW 24th Ocotber 08 recap

"Are US markets going to follow a similar path to the Australian (Asian) Markets and continue down into the Weekly lows after the Weekly 50% level rejection?

At this stage Yes.....

Below blue channels and it's down into Friday's lows"

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S&P Daily and 5-day pattern

Levels broke early on Friday and continued down into Friday's lows remaining range bound between support and resistance.

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