cerealpatterns

what does a break of 4000 mean for the s&p?

CME_MINI:ES1!   S&P 500 E-mini Futures
nothing, or little to nothing can bedrawn from just the break of 4000 alone. 4000 is a psychological level thathasnt been visited for any great length of time since the first time we saw that level. if we get back above this sss supply zone were headed for the pivot, and if we fade out of that zone were headed for lower horizontals.

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