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Important technical development for SP500

Posted on January 27, 2022 Written by Chart Prophet

The major poc has migrated lower to 4354. It is now very important to monitor price relative to this level.

Time spent above that Control would indicate that progress higher could be made but time below would be a concern for the Bulls.

Pre-RTH ES has probed that level (currently Resistance) but is printing below it as I write.

click chart to enlarge

Filed Under: emini SP500 (ES)

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