If the S&P 500 does not rally in a serious way from 2746 SPX then I am forced to look for a somewhat larger correction from June 13th. Some support at is at 2735 SPX with more important support lower at 2721 to 2717 SPX. I'm sticking with the overall theme that this is a corrective structure that will eventually break higher. The good news that this should resolve itself this week or prove to be false.
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