For Monday, 4521.25 and contain weekly buying pressures, below which 4423.15 remains in 3 - 5 day target able to contain selling through September activity, once tested 4701.25 long-term resistance attainable over that time horizon.
A daily settlement below 4423.50 indicates a good high through September trade, 4100.25 then expected over the following 3 - 5 weeks, where the market can bottom out through the balance of the year.
Upside Monday, pushing/opening above 4521.25 allows 4553.75 intraday, able to contain session strength and the level to settle above for reversing momentum through the balance of the week and into later August, 4617.25 than expected within several days, 4701.25 longer- term resistance within 1 - 2 weeks
A daily settlement below 4423.50 indicates a good high through September trade, 4100.25 then expected over the following 3 - 5 weeks, where the market can bottom out through the balance of the year.
Upside Monday, pushing/opening above 4521.25 allows 4553.75 intraday, able to contain session strength and the level to settle above for reversing momentum through the balance of the week and into later August, 4617.25 than expected within several days, 4701.25 longer- term resistance within 1 - 2 weeks
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