This favours a higher close into Friday, which is what I'm looking for in global markets ;- rotation
If price is going to follow the HOOK pattern upwards, then price should come back and test support and then continue higher into Tuesday's 5-day highs.
Support is also the 5-day 50% level on Tuesday"
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S&P Weekly and 5-day pattern
S&P has played out Precisely on Tuesday....
retesting support and moving towards Tuesday's highs.
As I mentioned in the morning report....
The trend bias is to continue higher into a Friday close.
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