Here is a 15 miute chart of the June S&P e-mini futures.
Yesterday I explained why I was still looking for a move down to 1297. This morning the market dropped to 1308 but then made a high volume U-turn. Since I am still very bullish I have to respect the market's action and now will expect a move to 1328. If I am right about this I don't think the market will drop below yesterday's close at 1312 (dotted line).
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