S&P 500 E-mini futures 8th September 2011 recap

My view is that Thursday and the rest of this week will remain within the 5-day range:- Thursday's highs are seen as resistance.

Random support levels using the 50% levels...

S&P Weekly and Daily cycles

Price didn’t move up into the daily highs, but drifted back down into the 50% levels, awaiting Obama’s Job’s speech (Thursday evening).

Weekly HOOK pattern still in play....

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