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SP500 in safer position above Support at start of week

Posted on January 31, 2022 Written by Chart Prophet

Bulls would want to see the Support at 4354 hold

Last week the major poc migrated lower to 4354 and as I wrote “Price above 4354 would be a safer position”. Currently, ES is printing above 4400. Significant Buying (green) marked above the poc would be a further positive but at a minimum Bulls would want to see 4354, now Support, hold.

click chart to enlarge

Filed Under: emini SP500 (ES)

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