Monday trading was very slow due to the holiday so today will be more revealing. Recall a cycle low was due 10-08/09 so today if we can get the 120 minute stochastic near zero and not take out 1540 in the process the market is set up for a 40 point run up to 1580. If Mondays dip was all the low gets us then the market is breaking out toward the 1605 to 1635 AB cycle top. Today is a very important trading day. Below 1540 it drops to 1500 and above 1557 it goes to 1600.
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