1. In yesterday’s (Wed. Feb. 18) 1:45 CST S&P messenger post it was noted that any failure at $2097 in the March S&P would then decline and test/attempt $2085/$84 into today’s (Thurs., February 19) early session.
2. Today’s (Thurs., Feb. 19) early session declined as expected but was unable to fully complete the $2085/$84 early session downside target (today’s session low, $2087.50, so far).
3. The market’s inability to complete the $2085 downside target shows lower than usual market volatility which has been seen in recent sessions. Will message any further entry or indication in the March S&P.