
Premise for today is to see if 1084.50 inside support holds. If it holds, look for test of 1101.75 high and sideways market 1084.50 - 1101.75 with an upward bias. Keep in mind that we are at the top of the overall range 1037.00 - 1101.75 and due for more of a correction downward. This is a key area. If price extends 1084.50 this early AM look for a test of 1075.50 and 1067.75. 1084.50 is not major support so do not make a stand there. If it breaks, follow the move down and look for inside support at better prices. I am anticipating the price making an attempt to extend 1101.75. If it fails again, look for a deeper correction. This is a quadruple witching week which tends to be a bullish week with one good correction down.
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