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ok, for better or worse im long June es at 5210 , 7 point stop.Ticks are trying to turn positive so it looks like a bottoming process but i cant discount the chance of on more push down to maybe 5205-8
Intraday: next MA sell setup will tell, will there be a down trend or not. next sell with LL is a must or bottom will be in for today....It's Friday, one more sell to go.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Break the EMA20 decisively then the low was in, so it's the bear's last stand here.
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Maybe a little hope for bears here but I won't count on, this rebound shall have legs at least.
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Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.