US markets moving towards March lows, with the first target the Weekly lows.These Weekly lows are viewed as 'support', and any support can result in a 2-day counter-trend move UP towards the Weekly 50% level before price reverses back down....
And that's going to depend on the Support levels on Tuesday.Monday's view was to push down (confirmed with the break of support), which will normally result in a double-day down move into next day's 'support.'
The most probable levels of support on Tuesday as shown in the above charts.... UP and a upward rise will play out:- 2-day counter-trend move.
Breaks 'Support' and continuation down.
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