Here is a 15 minute chart of the September S&P e-mini futures. I last commented on this chart here.
In electronic trading before this morning's open the market dropped as low as 1239.50. After the open it then rallied to 1255 but gave up all the gains by dropping again to 1241. The market is now rallying from this higher low at 1241. I think that a move to 1282 has begun.
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