Reversal would be back into the MAY highs @ 917 over 2 days
Yesterday’s reversal down from the monthly levels should have moved back under Yellow support, and today should be trading below support if there is going to be more weakness"
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S&P Weekly and 5-day pattern
Tuesday's top and expectation of a reversal down needed to see Support @ 939.25 break.
Once price started trading below 939.25 the moved down into the 5-day 50% levels played out
This stage in the trading week the range guide is between 946 and 917...
Until one level breaks...
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