4333.00
In a close-out week like this, you are generally looking for the market to either make a move to extend the range or to head back to the open. Extending the range would be the market climbing up past 4493.75. Heading back to the open means 4188.50. There are four trading days left in the month. The 20-day average range is above 47 points. The market could be at a critical point today. If it does not make a run lower, the open of the month at 4188.50 could start slipping away from the realm of probabilities (though of course anything is possible in the market).
If the market decides not to rally, then start paying attention to 4333.00. It's a bit of an odd looking number. It also is the exact midpoint between the open of this year, 2023, and the open of last year 2022. 4771.00 and 3895.00 added together give you 8666. Divided by 2 that number becomes 4333.00. The current midpoint of June is 4335.875.
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