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Here is an excerpt from our trading plan.
The overnight sell-off in futures brought all the support and resistance levels down further. So we have updated the S/R levels in the table further below.
We don't recommend that you jump right in to trade the potential bounce discussed below. It may still come, but tread very carefully.
The best setups right now are:
The rest of this article covers:
Updates from market internals
Support and resistance levels for $SPX $NDX
How to approach your trades
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