Futures keep climbing higher. There is some classic chart resistance at 1125 and the 61.8% of -w- = -y- lies at 1129. So, theS&P futures are facing a decent zone of selling pressure just ahead. The move up from 1084.5 is somewhat indecipherableright now. It doesn’t fit the picture of an impulse, which would make sense, because in this position it should be a correctivepattern. Can’t wait to see how it turns out….
Andy’s Technical Commentary__________________________________________________________________________________________________
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S&P 500 mini Futures (180 min.)