US markets supported around Janaury lows, but my view is the markets are range bound between the Weekly tops and bottom (circled above).......
We have seen how volatile the Australian market has been today, and it could just as well be the same in the US...Below 5-day lows and expectation is going down into Tuesday's lows, and above the 5-day 50% level, the 3-day highs should be view as resistance with some confirming intra-day tools...
12849 (DOW) and 1426 E-minis (don't short above).....
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