S&P Weekly and Daily range.
Even though Tuesday had found support @ the Weekly 50% level @ 1312, my view was that the trend would continue to move down into Wednesday’s lows, based on another break and extend pattern (daily close below Tuesday's lows)
Sadly on my part, it didn’t rise high enough into the resistance level to capture Wednesday's pattern.
The current price action suggests more weakness down into the Weekly level @ 1295.
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