Tag Archives: double distribution trend day

Double Distribution Trend Day Higher Leaves Poor High

three consecutive double distributions

Three consecutive double distribution trend days in the ES. Looking at each distribution as a separate balance, acceptance into a prior balance area potentially targets the opposite end.

Price acceptance above 2440.50 probably targets the June 26th poor high at 2447.50 and possibly the all time high at 2451.50. Acceptance below 2433.75 potentially targets the opposite end of the lower distribution.

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