However, the price will stall at the 5-day 50% level ( & blue channel highs) random resistance, and is pushed back down on the following 4 hour pattern..
S&P Weekly and Daily cycles
S&P moved up towards the random resistance levels in the Daily cycle (@ 1360/63)
and during the following 4 hour range price stalled and reversed down...
as the market continues to consolidate around the Weekly lows
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