SnP did not get to an oversold value; it was forced to rally to the 120 minute upper band due to huge buying of SnP futures from 07:30 in the morning. No long scalp today, however I did make a small short trade from the high. Should have held it as after hours have dropped six more points. Friday is a tough call, the projected high is at 1496 for Friday and the weekly projected high is at 1499 so it remains an open door for that area. If we do get a 27 hour cycle drop the 1468 moving averages will be solid support.
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