The expectation for the Friday movement on the daily chart for the S&P 500 is a sideways move. Thursdays price action implies the possibility of profit-taking. If this is the case that means follow-through to the downside would not be typical.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.