sp'60min
Summary
Price formation is pretty clear on the sp' hourly chart. A daily close in the 1700s will break the down trend from last Thursday.
*it should be noted, whilst the headline indexes continue to struggle, the R2K has broken new highs, arguably equivalent to sp'1735.
Certainly, that is something all those touting a big wave lower need to reflect upon.
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1.38pm.. price action is very similar to yesterday. Early low, a few hours bounce, but latter day weakness.