"The market tested last Week's high breakout @ 1133 and found support, which could lead to higher prices this week"... (Daily report)
S&P Weekly and 5-day pattern
Upwards bias after the first short-term reversal down, (2-day pattern)and above 1133.
Market looks supported for this week as per the Weekly report, and in yesterday’s recap…
“The next 3-days remain within the 5-day range. (5-day pattern day trading)
And then align the next set-up with next week”
I’d be extremely interested in how the market trades over the next 3-days.
If Monday is trading anywhere near the 5-day lows next week, I wouldn’t go near any longs for the rest of the following week.
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