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ES #F Sideways with selling pressure developing
The ES continuous contract trade sideways in a narrow range between 2388.50 at the top and 2383.50 at the bottom at the moment. A break of these levels can be used as guidance for the short term price movement. Selling pressure is developing at the moment and a pullback to 2377.25 is possible. Our longer term target remains at 2403 to the up side.
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