Resistance 1268
S&P Weekly and Daily range.
I had the view that the market would rise upwards after finding support around it's Weekly 50% level @ 1248.
on two occassions the market rose 8.5 points when above 1248..but it failed to continue the 14 points towards 1268...
Instead a late sell-off into the close will likely to continue towards the Weekly lows @ 1213 over the coming days
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