Key Algorithm Calculated Support Levels: 3900 (MEDIUM) / 3880 (LARGE) / 3865 (MEDIUM) / 3805 (SMALL)
Key Algorithm Calculated Resistance Levels: 3917 (MEDIUM) / 3943 (SMALL)
Assessment: After yesterday’s trading the algorithm moved around some of the levels. We actually had selling that wasn’t fully recovered. I am not going to get too excited though. We are still vastly overbought, but it’s been a broken record and it has meant very little. We’ll first see what Friday brings! Good luck in your trades!