Bears trying to take control of SPX this morning as it is leaning on 3223 which is just under the last important daily target of 3225. If they were to close under 3225, I'll take that to mean a reversal is taking place. Until then, allow for a bounce to 3233. If they push past 3233, they try for the next daily target of 3257. I think a reversal is close but too early to say it is taking place today.

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