LT: Re the Control at 6711 – I’ve been writing ‘Bulls would want that Support to hold or recover a test quickly. Time below that level would indicate weakness on the longer timeframe’. ES spent time below that level on Friday but rallied back above it by the close. The LT trend is intact.
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ST: The minor (7wk) Control has migrated to 6779.5. This is Support at the start of the week but First Support is the 1/2R off November high at 6804 (dashed line).
