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emini SP500 5th January 2022

Posted on January 5, 2022 Written by Chart Prophet

From the low on 12/20, Aggressive Buying was marked three times as ES rallied. There was then a period of ranging for six days and the minor Control migrated to 4777.5. Price relative to this level is worth monitoring.

There is more important Support at 4689.0, the 5mn Control. First sign of weakness mechanically would be a RTH close below 4729.50, the 12/27 Buying Day low.

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Filed Under: emini SP500 (ES)

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