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ES #F Another new high
The ES continuous contract made another new high as expected and our second long term target of 2407 was reached. Selling pressure is developing and Volume Flow to the up side is slowing. Interesting to see another Divergence on the Volume Simplified Oscillator which is measuring buying and selling pressure. If weakness develop and selling pressure continuous to mount a pull back to the 2397.50 to 2379.25 area is possible.
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