Thursday, September 28, 2006


Here is an hourly chart of the December S&P e-mini futures. I last commented on this market yesterday.

So far the market has held well above the 1340 level and now I think it is about to breakout of the past two day's trading range on the upside. We should see a quick move to 1360 from which point I think a 20-30 point break will begin.

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