S&P (e-mini ) 23rd October 2010 Weekly

S&P Monthly and Weekly

1182 continues to form a major resistance zone, as seen earlier this week with Monday and Tuesday selling down...

However, the Weekly levels continue to support the market.

And even though I think the market is trying to push down towards the November 50% levels...

It can just simply continue upwards and follow the Weekly trend next week towards the highs @ 1194+

Trend guide 1177