Blue channel lows @ 1278 Support:- Potential 2-day rise upwards.
Cash markets closed for Martin Luther King Holiday, whilst futures markets continued higher, as they followed the Weekly cycles
S&P 500 started the day below the daily 50% levels, whilst the blue channel lows were seen as support @ 1278.
Instead the Weekly level @ 1282 formed support, confirmed with price trading above the daily 50% levels @ 1284.
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