S&P500 PreMarket Price Action
Overnight prices moved to test the 1037.50 area of support, while finding support price has turned and is moving back to test the 1046 area of resistance. Today’s price action could see price test the 1048 area of support with 1050 and 1054 to follow with the buys controlling the day. To the low side we could see price retest out 1037 area of support and with some volume perhaps move through to test 1020.25 and even 1011 area with good seller volume.

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