We held an exhaustion area at 15363-31 with a 15364 low and bounced $53. Decent trade below 15629 (+1.3 tics per/hour starting at 8:20am) will project this downward $31 (+); but if we break below here decently and back above decently, look for decent short covering to come in. NOTE: this is just a small portion of the market calls I provide my clients twice daily, please feel free to reach out if you would like a free trial.
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