The market remained range bound until the EU announced the results of their Bank Stress Tests. Trade has now breached the key resistance area of 1096, closing the door on any idea of a 3rd of a 3rd wave count. It's important to keep in mind that the larger trend is still down while honoring the fact that we are still in wave 2. More insightful analysis in the End of Day Market Wrap and Week in Review. Stay tuned.
Best of Trading!
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