Balanced day on Thursday with three ticks of excess on the high and a poor (two TPO wide) low at 2071.75. Trading scenarios could include looking below the poor low and either accelerating lower, targeting the unfilled gap from Tuesday, or returning to balance and initially targeting Thursday’s high, and then the December high at 2086.25. There are lower odds of staying in balance on Friday because of the nature of the recent mechanical buying at the recent rally high.

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