"The cash index low of Tuesday was 1087.4 and the close was 1087.24 so just a smidgen below but above the 23.6%"
23.6% is 1087.44
1/4 is 1086.37
So the close was in between the two.
Could go either way from here but the trend is up until its not and this is a high velocity move and there is now the false break on the CMC SPX chart (not so marked on the cash).
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