The weekly support on the SPX chart here has been defended as I expected. It is not confirmed until the weekly candle closes. I am looking for a lower high to form below the 50 MA. If there is a weekly close back above the 50 MA that will be very surprising.
As I expected when the $NYMO went below -60 we could expect a bounce. That is exactly what happened.
$USDJPY weekly is bearish but holding support. See what it does from here.
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