US500 1-HOUR CHART (for those using SPX500 the rates may differ but chart patterns should be similar)
There seems to be a lot of interest in stocks today so looking through my charts the one-hour chart stood out with a trendline/resistance coinciding at this hour. This is the closest key area on the upside.
With quarter-end approaching, rebalance and end-of-quarter flows will dominate (note US stocks are closed on Friday)
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