if there is going to be a higher daily close, then markets should bounce off support (Yellow) and then swing back up towards the resistance levels once again.
Wednesday could also end up a small trading range between support and resistance. levels"
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S&P Weekly and 5-day pattern
Wednesday's trading went to script bouncing off support....
Except I would have liked to have seen a push upwards in early trading so that price had reached the resistance levels precisely and then trade down into the support levels.
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