The very first move of the day today in the S&P 500 should be a minor retrace lower that may see the low set at the open. Whether at the open or later in the morning, the correcting should not push under 2760 SPX or at worst 2750 SPX before pushing back up to a new swing high in the range of 2788 to 2800 SPX.

You must be logged in as a Daily Analysis or Intraday Analysis subscriber to view the rest of this post.