1. In yesterday’s (Mon., Nov. 24) live messenger window and live meeting it was noted that the S&P was expected to fail at $2068/$69 then decline into a 4th hour bottom at/near $2063/$62. The market was then expected to reverse and ascend back to the $2069.00 level from there.
2. Yesterday’s early session did fail at $2069.00 and in the 4th hour made the session low at $2064 against the forecast $2063/$62 downside target. The market reversed off $2064 and completed the forecast $2069 upside target, completing the two-step roadmap.