As SPX has been leading the way this week, today was no different. Starting off with some downward pressure seaking liquidity it found some 61.8 level and gave a really nice reaction pushing towards the previous 2 day highs but not closing above. this leads me to believe were going into a bit of a range so im looking for this rally to be short lived and possible downside Thursday. watch for a positive retail sales number as this could drive the price higher.
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