Here is a 5 minute chart of the December S&P futures. I last commented on this chart here.
I still think the market is on its way down to 1362 or so from today's high at 1380.25. I am leaning against the 1375.75 rally high made earlier today. If that level is exceeded in a significant way I shall start looking for a move up to 1386 or so.
In the mean time note that the rally from the low today at 1367.75 as matched the mid-day rally in length so I doubt that the market will make it as high as 1375 before turning lower again.
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