However, based on the patterns in the Daily range, Wednesday could end up range trading between the blue channels.
Focus on 8.5 ranges:- resistance 1088 & support 1059
S&P Weekly and Daily range.
Early support during globex hours (1070-74) saw a double 8.5 range rise upwards hitting resistance @ 1088 and another 8.5 rotation back down.
Late afternoon trading below the Daily 50% @ resulted in a sell down into the support levels @ 1059.
- Daily Trading Set-ups & Analysis
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