[/caption] Watching for this to break through1315 for the test on 13 21 and then a continuation to 1330. the point of control was 1305.50 Today is a POMO day. Fed buying treasuries today so expecting to see a low volume lift. More than likely will consolidate around 1314-16 until we see some commitment. The resistant trendline is also coming in at 1314-16 so once we see if the day traders are going to buy or sell is the key. Watch for this to get a bit of price failure through here. If that is the case then support will be at 1305.50 then 1302 and then an extreme low 1296.25. Might see some volatility at 3:00 and at the close. S&P 500 day trading course
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