"The 5-day 50% level, as show above (red lines), are going to be a critical factor in next weeks trading because it’s going to set up the next 3-days of trading. Above and it will head back towards the Weekly 50% level.... bearish pattern will just sell-off on Monday from the 5-day 50% level and head down (Weekend report)"
At this stage before Monday's open, US markets are pushing downward from the 5-day 50% level with the expectation that any follow through this week is down towards the November lows which also match the Weekly extended levels.
US report continues below...
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