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ES_F e-mini 24th October

Posted on October 24, 2023 Written by Chart Prophet

From Monday’s pre-RTH “If ES is going to find a low hereabouts it should rally quickly back to the Control at 4368.5. Time spent 4210/15 would not fit that scenario.”

Monday’s price action was encouraging. Early in the session the 4210/15 area was tested and immediately rejected with ES rallying quite strongly. As mentioned Bulls would want to see the 4368.5 Control recovered.

Today, there is v min Support at 4247 (1/2R off Monday’s low) – if ES is putting in a low here (ST or LT) I wouldn’t expect to see time printed below that level.

Filed Under: emini SP500 (ES)

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