Compression week is working as the tight range is getting ready to bust out, as I start to get over bought
Lets put some numbers on this. Resistance at 1105 still holding.
Spx 1105 we rally, 1090 we test lower.
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Longer term to see how important this R line @ 1105 really is,is this chart of the SPX market. We test the lower line again it won't be friendly.
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Click chart to enlarge..................................
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