S&P (e-mini ) 11th September 201o Weekly

Based on the current price action the trend looks to be moving up towards the September highs @ 1126, with minor resistance around 1115.

Last Week's Report

S&P 500 Weekly

Based on the current price action the market expectation is to continue towards the September highs- 1123- 1126

Those levels will be seen as resistance.

If that's the case we then begin to look for patterns in the 5-day range, and see if there is going to be a possible rotation back down towards the Weekly and monthly 50% levels @ 1078.50 

That will be verified by a 5-day low breakout and price trading below 1098.50- 1099