S&P Weekly and Daily range.
Monday’s low and expectant 2-day counter-trend move has completed with today's higher close:- DOUBLE TOP
At this point I’m bearish once again, however there is nothing to validate that position until there is a break of the Weekly 50% levels.
Wednesday’s 5-day 50% level is now something I’ll keep an eye.
Whilst price remains above the Weekly 50% level then 2nd quarter highs
@ 1230 is the target in MAY.
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