Yesterday's view:- the 5-day 50% levels would resist price, but I thought a bit
more selling down into support zones was going to play out.
Thursday:- Simply trade on the side of the Yellow level
Below and price continues down into the5-day lows."
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S&P Daily and 5-day pattern
Thursday:- Early selling pressure into the 5-day lows, and once price was back above the Yellow filter, buyers pushed the market higher into close....
- Daily Trading Set-ups & Analysis