Short Term Trading Range

short term trading range
Short term trading range followed the June 25th selloff.

The market is still trading within the short term trading range that developed following the June 25th selloff. Acceptance outside of this range could bring the intermediate or longer term time frames into focus.

The market is monthly one-timeframing higher off the April low. Price would have to trade below 2693.50, the June low, to stop the one-timeframing.

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