S&P 500, 6/13/23

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For Tuesday, 4348.75 can contain intraday weakness, 4385.00 in reach and able to contain intraday strength.

 

Pushing/opening above 4385.00 allows 4409.00 intraday, able to contain session strength and the level to settle above for yielding the targeted 4430.50 formation tomorrow, where the market can top out into July activity.

 

Downside Tuesday, breaking/opening below 4348.75 signals 4328.75, able to contain session weakness.

 

Closing today below 4328.75 indicates 4263.75 within several days, also able to contain session weakness and the point to settle below for indicating 4190.25 - 4203.75 long-term support within several more days.

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