Tonight is 90deg from the 21-11-08 low and 270deg from the 19-5-08 top.
It can either bounce off support or break through that support but it wont go sideways[famous last words]
My money is on breaking support but the SP500 still has another 24 to fall to reach that level.
Turning down for it's second run or is that it with a higher bottom? We'll know in the morning.
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