S&P (e-mini ) 24 Nov 09 recap

"This UP move on Monday would be closely followed by another UP move on Tuesday towards the highs:- lower Weekly open and 2-day UP move.

If that's the case then 'support' for a continuation into Tuesday's highs"

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S&P Weekly and 5-day pattern

With favourable 3rd Quarter GBP report, I would have thought that US markets would have completed the push up from support and into Tuesday’s highs.

Instead price continues to remain in a tight trading range below the 3-day cycle lows.




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