S&P 500 ~ Pre-Market Warm-Up 13 October 2010

The ES is up huge this morning, trading at the mid May high at 1174!

I mentioned the 1170-80 area as an important level in some of my earlier posts. If we get a convincing break of this level I'll turn bullish and expect a rally to new yearly highs.

Bullish count if the SPX breaches 1180ish.