This week has revolved around one key level: 5988, the new money magnet. Yesterday, it held as support, sparking a 30-point rally before we got a flush. However, a failed breakdown reclaimed the level overnight.

As of now: Watch for 6026 next, with 6038 beyond. Supports are 6009 (weak) and 5988-93.
S&P 500 E-Mini FuturesTrend Analysis

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