Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-“Technically, the index needs to regain 10619 in order to suggest that the path is higher but Wednesday is obviously a great start.”
-Last Wednesday’s advance is just about completely retraced. Failure to hold 10495 could see another flush lower. Watch 10437/55.
LEVELS: 10395 10455 10495 | 10550 10600 10649
--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.