S&P 500 E-mini 27th December Daily recap

1264 Weekly Trend guide (random resistance)

S&P Weekly and Daily

Weekly level @ 1264 has formed resistance, as the market consolidated (4.25 point ranges) in and around the daily filter (red).

Today's trading looks like it's forming a 'no-contol' pattern at the top of the Weekly range...

And often the next day can move into a trending range once it takes out the high or low of today's range



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