"Trading below the Weekly 50% level, which could see a swing back to re-test the same level on Wednesday...
Yesterday's view was for a continuation down:- short the 5-day 50% level.
However Tuesday didn't complete the 5-day low pattern, and on Wednesday US markets are in a similar position as last Friday....
Rising up from support and back into the Weekly 50% level..."
S&P Daily and 5-day pattern
More sideways price action in August and the usual 2-day swing patterns within the Weekly timeframe.
No probability pattern for Thursday..
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