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Assessments / Blog
ES #F Shortening of the thrust
There was follow through to the up side yesterday, with the ES making another new high. There is no significant signs of major selling at the moment, only moderate selling pressure. The upward thrust is shortening and a pull back to the 2352 to 2336.50 area is possible. Watch out for the Strength weakening and the Volume Oscillator going negative, otherwise some sideways price action can occur for a while.
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