[/caption] Point of Control for this move is 1179.50 as we are testing both sides in the after hours. The Point of control for the week is 1188.50 It looks like we are entering into a W pattern on the 240 min for another run at the top.If we can not breach the 1206 previuos swing high and sellers distribute from this area we could see a quick sell off. With Ireland on the rocks and the increased pressure on gold accumulation if we see a double top or new highs we could see more dollar weakness and another rally on this market as emphasis swings away from the Euro and then to the Dollar. S&P 500 day trading course
