Upper resistance levels on US markets played out, but I would have prefered a bit more weakness in both markets, at least testing or breaking trailing support.
However, this was the second day of a 2-day rally, so if both Markets are going to move back down, then Thursday is the most probable day...
"Expectation that the market won’t reverse or attempt to reverse down until the 3rd day (Thursday)...I don’t expect much weakness in US markets on Wednesday, but hopefully any continuation down is back towards the lower ‘blue’ channel on Thursday."Pre-open Report
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