if the day closes below the daily 50% level @ 1348.50 then the trend bias is to continue lower on Thursday & Friday.
red filter is the trend guide
Reversal down from the weekly highs, has seen the market close on the Weekly level @ 1342, which has been acting as support this week
As noted in the daily report…. Below the daily 50% level @ 1348.50, and my view is that Thursday & Friday will try and move lower.
potential target the Weekly 50% level.
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