US Fed cuts rates by .25% and sends the market back down towards major support zones.
This is the price-action that I wanted to see before any UP trend resumes in US markets.
The push down has broken the 3-day lows, the Day range should be left to run its course on Tuesday, and then use Wednesday to verify support.
The December 50% levels are trend guides for this month (Support), but a break of the 3-day lows can often push the market all the way back towards the Weekly 50% level 1476 before the UP trend resumes.
Full report later....
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