Trend bias is down towards the Daily & Weekly lows
S&P Weekly & Daily cycles
Ideal 'SELL' set-up presented itself on Wednesday, using the Weekly level @ 1382 and also the levels in the Daily cycles, which saw the trend continue lower.
There is also a break of the previous Weekly lows, and current price action is part of a break & extend pattern to this week's lows
- Daily Trading Set-ups & Analysis