Yesterday I was looking for an UP day to swing US markets back towards their Weekly 50% level.
Price didn't move all the way back the the Weekly 50% levels on Tuesday, but it can still continue higher on Wednesday.
However on Wednesday I'm not as confident that this is going to happen.
Below support and US markets are continuing down into their 5-day lows, as markets continue down into the Weekly and Monthly lows"
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S&P Weekly and 5-day patternUS markets follow the 5-day break of support and down into Wednesday's lows, with the expectation of further lows this week.
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