Trading the opex week of august

On thursday (4th)of last week, around midnight,  before we all knew that S&P was considering a US downgrade, i sent out the following email to  friends:

Subj: Timeline for downtrend  (Friday, August 5, 2011 12:12 AM)

There is quite a possibility  the strong  downtrend  will continue until tuesday, if my wild guess is correct.   I will keep position sizes  average to small, until  monday close, which reduces risk on either side, since we are close to strong support levels, at the numbers i gave out in the "trading plan".  The  temporary  bounce  will provide better  oppurtunities.

The timeline worked perfectly, with ES futures seeing their low around midnight on monday.  Notice that the previous warning was followed by the weekend email, giving the first support area for the week at 1100-1090.

By following the price movements of the first part of this wild volatile week,  and combining the above timeline factor, made thursday and friday a breeze to predict. A light long on thursday when ES reached once more near my support of 1100, provided the best oppurtunity of past trading week. 

My bearish long term views remain in force, but the second support area of 1000 - 1015 zone and below may not come into play this week. For the coming week i see resistance in 1192-97 area. Support is at the midpoint of last week's trading range, around 1133.  I think we may see another volatile week, in this trading range.  I will be trading this range, with a bullish view above this range and a bearish view below this range (keeping in mind, the previous support and resistance areas i have declared in past weeks).