Looking for a short-term pullback into trailing support levels
Random support @ 4755-58
SPI Weekly and Daily range.
As per weekly report, there is an expectation that the trend is continuing upwards this week: - 4823-41, but with the possibility that the 2nd week of December may reverse down.
Today’s resistance levels provided a short-term pullback, and any further weakness this week will need to be trading below 4735…
And that will be decided by the price action in the S&P overnight
- Daily Trading Set-ups & Analysis
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