I wrote 1st Oct ‘The minor Control has migrated lower to 7743.50.. I’m using 7743.5 as the key reference here – above/below the minor Control = strong/weak in ST‘. ES recovered that level on Friday and has rallied strongly from there.
Significant Buying (green) was marked on Monday – first sign of mechanical weakness would be a RTH close below 7778.25, Monday’s Buying Day Low.
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