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S&P Daily for Wednesday January 15, 2020

purchased a 328 call based on the fact that this weekly reading has been substantially more accurate than the corresponding weekly readings. so just in case I was wrong about market direction, as a result I am somewhat protected in both directions

S&P meets but does not exceed previously established key resistance level today.

Today's high will be met in the premarket and again around the close of the trading day. This resistance level will likely be the same as the resistance level that was established on Monday Jan 13th 2020. There will be a notable opportunity to open long positions & cover short positions. The Day's Low will take place between 10am - noon time.

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