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ES_F e-mini 1st July 2022

Posted on July 1, 2022 Written by Chart Prophet

ST: the 6week control now at 3776. Price below that level is a weak position and increases the odds of a retest of recent low.
Pre-open RTH ES prints just above that level.


LT: from note 06/17 Time spent around 3686 increases the chances that even on the weekly time-frame we are in a new distribution down and that would be the first in more than a decade.

click chart to enlarge

Filed Under: emini SP500 (ES)

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