Below and it’s part of a 2nd day reversal towards 1138.
S&P Weekly and Daily range.
A 2nd day reversal below 1154 would normally occur during globex hours before the cash market opens, which would normally have seen the cash market open around the Daily lows on Tuesday @ 1145
The closer it came into the opening of the market and above 1154, the more probable the market was follwing a lower daily open and continuation of the trend from 1154 towards the weekly and Monthly highs…
With Tuesday’s daily highs stalling the trend.
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