A range trading day today, as pointed out yesterday, S&P 500 as an example, 1045 and 1060 are the two boundaries, that are need to be broken out or broken down.
The intra-day reversal is pretty bullish. However, you never know what could happen before the market can determine a definite answer for the next direction.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgph9VF7P9s-sjAWs-njQe-gEq-u2WyNLwZTBYiu9uqV9iwb22ll-sl8IMC9e6t6cPBZhYAFXHXqEy7qEp1EtwBOp-xzcajptKsiQmA2L19dXcaEGj0fZus7GV4AUyrD_q2ksuGMwkKA4V4/s200/SPX-Oct0709D.png)
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