Last trading day of the month and we have had a 2-day reversal in US markets.......What's the chance of a 3rd day UP day with a higher close on Friday??????
I would have said much higher if Thursday didn't move down as far as it did, because the support levels have shifted much further down on Friday than what they were. (see previous US report)Trading 'longs' off support was the set-up on Friday, but with the support levels pushed down, then a Friday similar to last week could occur, with late BUYing support in the last two hours of trading again.
Resistance levels above and support levels shown......
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