#A) Continues up into the Weekly 50% level and stalls:- random resistance @ 1346/48, which pushes the S&P back down 8.5 points into the Support levels @ 1335
#B) moves down into support levels, and then continues towards Thursday's highs, and possibly higher by Friday.
S&P Weekly and daily range
S&P remained within a 8.5 range using support, but a failure to continue above the Weekly 50% level.
Whilst the S&P continues to remain above 1324.50 the upward trend remains stable.
Therefore, we have a potential trend towards the Weekly highs over the next 2-days
or
we could also have a flat 2-day pattern below the Weekly 50& level...
And based on Thursday's trading, it looks like a flat 2-day pattern
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