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S&P 500 e-mini in stronger position

Posted on April 21, 2022 Written by Chart Prophet

Wednesday’s RTH Value Area was generated above 4447 (1/2R off this year’s high – dashed). That’s a stronger position; see yesterday’s note on chart. There was a brief, rejected test of that Support in the pm and currently ES prints above 4490. Bulls would want to see 4447 hold as Support now.

click chart to enlarge

Filed Under: emini SP500 (ES)

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