The S&P may push down into Friday's lows:- (support 8.5 to 14 points) and then a 2-day counter-trend move upwards from next week :-
S&P Weekly and Daily range
S&P moved down into Friday's lows providing a precise 14 point 'support' pattern...
However, the failure to close above 1301 after completing the 14 point reversal pattern is a major concern....
especially when the market closes below the weekly and daily lows on Friday.
Weekly report out later.
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