but if below it's a random pattern towards the blue channel lows, and also the Weekly levels
S&P 500 Weekly and Daily cycles
We had the early rise upwards into Wednesday's highs...
and then selling hit the market pushing the S&P down into the Weekly lows, which also match the downside target in the Weekly report @ 1386.
1386 is an important support zone within the higher timeframe cycles,
however, whenever the market is trading outside the daily range (below 1399) price can extend lower the following day...
That can obviously change during globex after hours trading
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