For the past 3 days the sp has closed on the day's high (despite the decline), and has been wedged up against that particular day's resistance barrier. It's (currently) the best way it should look considering the circumstance.
I'm not going to speculate over when the sp will break out (it could also decline with a high of 2.5) but if it should be marked for tomorrow, a 2.8/2.9 close would be favorable for the weekly outlook..
Just an opinion, good luck all.
chart, page-7
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