Friday started to show this bounce maybe over but the action will help decide that. The first thing will be watching to see if the rally still has legs is 2647 on spx500 and 2640 on ES futures. the 7 points is the spread between spx500 and ES so lower lines on the SPX500 chart by 7 to get ES numbers
a move to as low of 2467 I will consider still in a balancing area and staying above that does not really tell me much other than the day will be a back and forth range bound trade day.
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