Yesterday we got another rejection from our Key area and with no further upside inventory sold off. Today we have Globex inventory short and set to open under T+2. We have 4497.25-4494.75 as our PM Resistance and 4479.75-4475 as our PM Support. On the downside holding below PM Support leaves the doors open for moves lower to 4465.25-4460.25, 4447.25-4445, We have single prints to fill around the 4437.75-4432.50 level and our bigger area of support at 4424.50-4418.75 and of course if we have a lot of inventory can see even lower. On the upside if we get over and build over PM Resistance we can then test the upper levels of 4508.75-4505.50, 4524.25-4519 and 4536.75-4532.50 as our upper key levels. It might take some time to clean things up after yesterday but lets see what they have for us.
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