Continuing with the four day cycle chart we now have an alignment with the 120 chart moving average at 1456 and the 60 minute lower band at 1452. Tuesdays price projection model has resistance at 1473 – 1479 and support at 1466 to 1460. If we see solid support at 1460 to 1456 and the stochastic on both charts achieves 1.0 or lower odds are good we have a low. Favoring early Wednesday for the low.
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