Overnight Inventory is Balanced. If we Open now we would open right in the center of y'days range. Taking out y'days low will be the first sign of change relative to the Tue/Wed - Balance. If we take out y'day's low - the next downside reference is 1387.50 and then 1384. On the upside - The 1400 area / Tuesday's high contained the O/N session and is resistance. Taking out the O/N high with conviction keeps the rally and trend alive.
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