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S&P 500 e-mini remains in a weak position

Posted on February 23, 2022 Written by Chart Prophet

below the major controlling price

Two most recent Value Areas have been generated entirely below 4396, the major controlling price, which I have said is a weak position. Where ES prints currently I am not looking at the the long side – it would need to recover that level at least.

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Filed Under: emini SP500 (ES)

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