Therefore I'm expecting a move back down into the the 5-day 50% levels, (green dotted)
Based on my view of the market:- a trading day that's range bound between Monday's break of support @ 939 support"
Premium Trader
S&P Weekly and 5-day pattern
Early rise in Monday's break and push down towards support, but not moving down far in support levels.
Late rise upwards with the expectation of higher prices in June, but at this stage I'm factoring in a 5-day sideways pattern into Friday before any further gains are made from next week
- Daily Trading Set-ups & Analysis