SP

After shooting well through the downside objective on the daily pattern yesterday--- Today's high is the exact Hooper sell point on the Weekly pattern.

It id interesting that for all the back and forth--the SP future has been moving sideways in a broad pattern since November. Tops tend to be long drawn out affairs. A sideways move from a lower level, and a narrower range is not uncommon during a monetary policy adjustment (hard to call it a tightening) like the Fed is outlining.

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