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S&P attempting to rally back from earlier weakness

Posted on March 7, 2022 Written by Chart Prophet

The major controlling price at 4396 was effective Resistance last week. As I’ve been writing, I want to see price above that level before considering new longs. ES remains in a weak position. The Control may migrate lower which could open up more possibilities but that has not yet happened.

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Filed Under: emini SP500 (ES)

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