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ES #F No Selling pressure as yet
The slow grinding to yet another new high Yesterday continued, with no substantial Selling pressure. On the Simplified Volume Oscillator there is still downward divergence and any pullback should find support at 2550.25. Watch out for the Simplified Volume Oscillator to develop Selling pressure to confirm any possible substantial pullback. No substantial Selling pressure developed since October the 10th. A bar close below 2547 should lead to more weakness.
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