Yesterday's range was 15 points and tomorrow's is 7 and the numbers are 638, 634 and 631. This is an NR7 and breakout is imminent. If the Fed cut rate by 50 bps then a continual rally to about 644. If only a 25 bps is realised then a sell off. In either case, a pullback is anticipated in the very near future. It is better to stand aside and ride the trend as it develops and is not wise to front run it.
2c
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