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Assessments / Blog


2017-02-07
ES #F Getting ready for next move up?


00h20 Eastern Standard Time and ES made pullback. Fundamentals are strengthening. Looks like absorption is taking place in current down wave in progress. Price action is getting ready for sling shot up and it looks like delta volume is positive (net buying) on last bar on chart. If 2284 (low volume node) level holds, a new high is likely, but be careful for some sideways choppy price action. Wait for trigger up before taking longs.


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