US markets sold down from the sell zones on Wednesday into the Support levels, and have reversed off the lows.
The Support levels are always valid, but I didn't expect a reversal off the lows that would be pushing back above the 5-day 50% level with 2 hours left before the end of trading.....
A Wednesday 'close' above the 5-day 50% level and Weekly 50% level could end up being a 'HOOK' day.....
Where Wednesday closes is important for the rest of the week's trading, as is tomorrow's support level......
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