Friday's bar closed below 4175 and showed a rejection of higher prices.
Scenario Planning: 1) Rejection short at 4175 2) Market rotation continues = trade at boundary (80pt range) of range (grey box) 3) Rotation breakout long at support of 4175
Volume Analysis: Weekly: Ave vol up bar close off high = minor weakness Daily: High vol narrow spread S>D bar = weakness
Price reaction levels: Short = Test and Reject | Long = Test and Accept
4303 4175 4096 3928 3788
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