US Markets failure at the Weekly 50% level and push back down on Wednesday.
Will the same price action occur in the US markets as what occured in the Australian market:- break of the Weekly lows????
DOW 11687
E-mini 1267
It will if it breaks 'support' in both days.
Resistance as shown above in both markets, and any selling pressure and expectation price is being pushed down into support.
Random expectation on whether support holds or breaks on Thursday.
Breakout of support and expectation of a double down day into Friday, as it moves towards March lows.
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