Feb 25 – ES follows crude rally on Thursday

feb 25

The ES is now strung out to the upside as it was strung out to the downside on Wednesday. Late in the day the 1943.75 resistance was taken out, which could now become support to shorter term traders. But the market is strung out with many single prints and anomalies below. Does it continue the upward short term trend or look back into the previous range?

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