The market closed on strength yesterday and today opened with a gap up that continued running until around 1077 where the S&P encountered an area of congestion that is clearly seen in the 60 minute chart.
The bulls gave up and the sellers brought the S&P down 20+ points to close at 1056
Regardless the morning run was good for 12 points + 20 points in the afternoon sell off, that's 30+ points to play.
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