This could see a move back towards the daily 50% level and maybe as high as 1081,
However, the S&P is still below higher timeframe 50% levels and trying to move towards the June lows.
S&P Weekly and Daily range.
Wednesday was the first day in a number of days that price opened back inside the daily channel (1052.75) so there was a bias to rise upwards (minor counter-trend)....
Whilst the larger trend is trying to move towards the June lows.
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